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After the Interest Rate Decision was announced, Gold continued to hit all-time highs, while US Stocks rose.

3 hours ago

On March 20th, following the announcement of the Fed's March interest rate decision, spot gold reached a new high of $3,047 per ounce, with an intraday increase of 0.44%. U.S. stocks continued to show upward fluctuations. The S&P 500 rose by 1%, the Nasdaq rose by 1.47%, and the Dow rose by 0.77%.
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U.S. Stock Market's Three Major Indexes Close Higher

On March 20th, on the day of the Fed's interest rate decision, the three major U.S. stock indexes rose collectively. The Dow closed up by 0.9%, the S&P 500 increased by 1.08%, and the Nasdaq rose by 1.4%, partially recouping the gains during Powell's press conference. Tesla (TSLA.O) rose by 4.6%, Apple (AAPL.O) rose by 1.2%, and Nvidia (NVDA.O) rose by 1.8%. (FX678)

1 hours ago

Goldman Sachs: Fed's Economic Forecast Revision Has a Hint of "Stagflation"

On March 20th, Whitney Watson, the global co-head of Goldman Sachs Asset Management, stated that, as anticipated, the Federal Reserve adopted a cautious stance during this month's meeting. It maintained the status quo while waiting for clarity on the economic growth outlook and changes in trade policies. The adjustment to the forecasts of Federal Open Market Committee members gives a somewhat "stagflationary" feel because the directions of growth and inflation forecasts are contrary. Currently, the Fed is in a wait-and-see mode as it monitors whether the recent economic slowdown will evolve into a more serious problem. (FX168)

1 hours ago

Powell: Tightening Monetary Policy Justified if Inflation Persists, Trade Tariffs Are Factor; Policy Shouldn't Tighten If Inflation Fades Naturally

On March 20th, Federal Reserve Chairman Powell stated that if the recent two months' commodity inflation data remains strong, it is undoubtedly related to tariffs. If inflation subsides on its own, monetary policy should not be tightened. (Oriental Wealth)

1 hours ago

Bitcoin Breaks $85,000

On March 20th, based on HTX market data, Bitcoin rose above $85,000 and is currently trading at $85,145.

1 hours ago

Powell: Survey Shows Tariffs Boost Inflation Expectations, No Need to Hurry to Adjust Policy Stance

On March 20th, Federal Reserve Chair Powell stated in a speech that according to the Fed's survey, tariffs were pushing up inflation expectations. He pointed out that there is currently no urgency to hastily adjust the policy stance and that some signs of monetary market tightening have been noticed. (FXStreet)

1 hours ago

Federal Reserve's June Rate Cut Probability Slightly Increased

On March 20th: According to futures data, traders hold the view that there is a 62.1% chance that the Federal Reserve will resume interest rate cuts during the June meeting, which is higher than the 57% before the Fed's decision. (FXStreet)

1 hours ago