interest rate
The Fed will meet next week and is expected to hold its benchmark rate steady at the meeting
The dollar weakened to a nine-day low of 107.95 during the inauguration speech, before recovering above the 108.00 level
The Federal Reserve will likely hold interest rates steady on January 29
Despite the stable global growth forecast, disparities among countries are widening
Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
Data on Tuesday showed that U.S. producer prices increased moderately in December
IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year
