Fed and Riksbank Expected to Hold Rates; Focus on Warsh's First Press Conference
Markets expect the Riksbank and the Federal Reserve to keep rates unchanged, with attention turning to new Fed Chair Kevin Warsh's inaugural press conference.
Both the Riksbank and the Federal Reserve are anticipated to maintain their current policy rates. The Fed is expected to hold at 3.75%, consistent with market pricing.
Kevin Warsh, the newly appointed Fed chair, will hold his first press conference. Market participants will scrutinize his policy leanings, economic outlook, and any potential shifts in the Fed's communication strategy.
The Riksbank decision is also due, with no change expected. The focus remains on forward guidance and any signals about future monetary policy moves.
Source: FXStreet Forex News