As the Federal Reserve prepares for a crucial policy decision, investors are keenly watching signs of potential interest rate cuts extending into 2026. Will the Fed push back against market expectations due to slowing job growth?
The EUR/USD currency pair has fallen to near 1.0830 as ECB President Lagarde warns that US tariffs could hinder Eurozone growth. Meanwhile, the Fed maintains interest rates, impacting the dollar's strength.
As inflation rates rise and trade tensions escalate, economists warn of potential economic turmoil. The Fed's decisions could be pivotal as consumer confidence wanes.