Take Five: Fed straight ahead [Reuters]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Reuters
rates outlook and on tech earnings, while growth and inflation data from Europe and China are also coming out. Here's what to expect in the coming days, from Rae Wee in Singapore, Lewis Krauskopf in New York and Amanda Cooper and Naomi Rovnick in London. 1/ WILL THEY, WON'T THEY? Hints of whether the Fed still expects interest rate cuts at some point this year takes centre-stage for investors at the central bank's meeting that concludes on Wednesday. Rate action is unlikely, but comments from about the potential for policy easing later in 2024 will be scrutinized. In March, the Fed projected this year but stronger-than-expected inflation reports are casting doubt on whether it will be able to ease policy that much - A ratcheting down of rate cut expectations has been a key factor behind the rise in Treasury yields and in stocks. Fed futures markets now predict some 35 bps of easing in 2024 down from 150 bps expected at the start of the year. Reuters Graphics Reuters Grap
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