PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

26 January 2024,02:18

Weekly Outlook

Anticipated Fed Interest Rate Decision

26 January 2024, 02:18

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Wednesday, 31 Jan,21:00 – US Fed Interest Rate Decision

Economists suggest the U.S. Federal Reserve may delay interest rate cuts until the second quarter, with June more likely than May. This adjustment follows comments from Fed Chair Jerome Powell last month, initially shifting expectations to March.

Thursday, 1 Feb,14:00 – BoE Interest Rate Decision 

The Bank of England is anticipated to cautiously consider lowering interest rates from their nearly 16-year high next week, given signs of easing inflation. While economists don’t foresee a rate cut on Feb. 1, a slight majority expects one before mid-2024.

Friday, 2 Feb,15:30 – US Nonfarm Payrolls 

In December, US NFPincreased by 216,000, surpassing the market expectation of 170,000. The US labor market data holds significant importance in shaping the interest rate projections of the Fed. Traders are advised to anticipate the upcoming results.

Friday, 2 Feb,15:30 – US Unemployment Rate 

The latest unemployment rate held steady at 3.7 percent. However, a recent report from the Bureau of Labor Statistics indicated that unemployment rates rose in 15 US states in December. The final disclosure of the US unemployment rate is eagerly awaited.

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create Live Account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!