The Federal Reserve will announce its interest rate decision at 3:00 AM tomorrow#内容挖矿焕新公测开启

On January 28, the Federal Reserve will announce its interest rate decision at 3:00 AM tomorrow (Thursday), with the previous value at 3.75% and the forecast at 3.75%. Powell will hold a press conference on monetary policy 30 minutes later. It is widely expected that after three consecutive rate cuts, the Federal Reserve will keep rates unchanged. According to CME "FedWatch," the probability of a 25 basis point rate cut in January is 2.8%, and the probability of holding rates steady is 97.2%.

Since the market has already widely anticipated that the Federal Reserve will hold steady and officials will not release new economic forecasts this week, investors will carefully analyze Powell's words for hints on how long policymakers expect to keep rates unchanged. Morgan Stanley Chief Economist Michael Gapen expects a dovish tilt.

Nick Timiraos, a reporter for The Wall Street Journal known as the "Fed Whisperer," said that Federal Reserve officials are expected to hold rates steady this week for the first time since three consecutive rate cuts last September. The question is, what circumstances would prompt the Fed to initiate another rate cut.