Fed begins monetary policy meeting, UK employment figures revealed

Fed begins monetary policy meeting, UK employment figures revealed
Fed begins monetary policy meeting, UK employment figures revealed

Great start for the Fed. The monetary policy committee of the American central bank meets this Tuesday and will make its decision on key rates the following evening. With few doubts about the outcome of this meeting, the Federal Reserve will leave its money rent as is. Between solid employment figures and persistent inflation, the Fed will leave its key rate in the range of 5.25% to 5.5%. Jerome Powell’s press conference and the famous “dot chart”, a graph which brings together the rate expectations of members of the central bank, will complete this decision, as will the announcement of the Federal Reserve’s new forecasts in terms of inflation and employment.

Oracle to report

Few things to report on the Old Continent. We will only see the unemployment figures for April in the United Kingdom. For the Oddo BHF firm, “ unemployment rises but not to the point of worrying the BoE and accelerating the rate cut “.

On the business side, Groupe Partouche and, in the United States, Oracle will report. They will respectively publish their first half turnover and fourth quarter results. Finally, note the general meetings of Casino and Rubis.

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