The US Federal Reserve decided to cut interest rates by 25 bps from 4.75% to 4.5%, in line with markets expectations. EURUSD reacts with declines directly after the decision announcement.
Fed projects a 2.1% GDP growth in 2025 versus 2.0% in September see longer-run growth at 1.8%, unchanged from September. The Federal Reserve anticipates end-2025 PCE inflation at 2.5% versus 2.1% in September; core seen at 2.5% versus 2.2%. Also, Fed see a 4.3% unemployment rate at the end of 2025 versus 4.4% in September projections.
Source: xStation5
Fed presents its semi-annual report. Stocks are expensive but no bubble?
Economic Calendar: SK Hynix and the Canadian job market are the highlights of the day 💡
Morning wrap🚩 Wall Street resists oil pressure amid rising Middle East tensions (09.07.2026)
FOMC Minutes: Hawkish tone confirmed. EURUSD rebounds nonetheless