Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Morgan Stanley Raises KOSPI Target to 5,200 on Strong Earnings and Reform Momentum 
Thailand Economy Faces Competitiveness Challenges as Strong Baht and U.S. Tariffs Pressure Exports 
FxWirePro- Major Crypto levels and bias summary 
OCBC Raises Gold Price Forecast to $5,600 as Structural Demand and Uncertainty Persist 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target 
The Federal Open Market Committee (FOMC) is already busy fulfilling its twofold responsibility of price stability and maximum employment. Through January 2025, the target range for the federal funds remains at 4.25% to 4.5%, after a succession of rate decreases. Acknowledging gains in inflation and more balanced conditions in the labor market, the Fed is moving slowly, weighing against the risks of premature easing on the one hand and the perils of a delayed response on the other.
Aside from these issues, the Fed is also conducting its five-year review of monetary policy strategy, to be finished in late summer 2025. This will involve public events and research to solicit the views of several stakeholders, maintaining the 2% long-run inflation target. Conversations cover fundamental issues like whether the federal funds rate is a proper policy target, whether average inflation targeting can be flexible, employment mandate interpretation, and how precise forward guidance and communication are.
FOMC primarily deploys federal funds rate moves, open market operations, and balance sheet management to execute its policies. Although slope policies such as forward guidance and quantitative easing have been huge, they have their boundaries. This evaluation is a chance for the FOMC to sharpen its methods and instruments, adjusting to newly arising economic issues while staying committed to attaining maximum employment and price stability.
