Updates from Federal Reserve's Decision and Market Implications
Thursday, 21 March 2024, 00:00
Fed Maintains Dovish Stance
The Federal Reserve kept interest rates unchanged at its latest meeting.
Rate Cut Plans
- Three rate cuts are still on the table for this year.
- This dovish stance aims to address upside inflation risks.
Market Reactions
- Gold prices surged following the Fed's decision.
- The Nasdaq 100 also experienced positive gains due to the backing of the dovish outlook.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.