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Trading Day: Fed clock tick-tock
Yahoo Finance· 2025-09-16 21:04
The Fed takes center stage this week and is widely expected to resume its monetary easing cycle with a 25 basis point cut. Chair Jerome Powell's steer in his press conference will be critical for the world economy and markets in the months ahead.The euro's rise is not all that unique, as the dollar is struggling broadly in the face of crumbling rate and yield differentials. But it's potentially a major headache for the ECB, which already sees core inflation in 2027 at 1.8%, below its 2% target.The euro clim ...