Economic calendar for the week 29.01.2024 – 04.02.2024

The focus of market participants will certainly be on the Fed meeting. The Fed officials say as usual that "the base case scenario calls for a rate cut sometime in the third quarter, but we need to be careful not to cut rates ahead of time or risk a renewed price spiral." Head of the Fed Jerome Powell also previously spoke about the premature market expectations regarding the imminent start of easing monetary policy.

Most likely, the interest rate will be kept at the same level of 5.50%. Positive macro data coming from the United States suggests that the labor… Read full author’s opinion and review in blog of #LiteFinance