Fed decision causes uncertainty with mixed dollar trading, potential rate cuts, and market risk aversion.

From Investing.com: 2025-03-19 06:34:00

The dollar traded mixed ahead of the FOMC decision, with investors uncertain about the Fed’s stance on economic growth and inflation. Expectations for rate cuts have shifted, with the Atlanta Fed GDPNow model pointing to a possible contraction in the first quarter of 2025. The yen slid as the Bank of Japan avoided giving clear signals on rate hikes, opting to wait for more data on economic risks. Meanwhile, Wall Street turned south as risk aversion returned, with gold hitting a new record high of $3,045. Oil prices fell below $67 after a ceasefire agreement in Ukraine eased supply disruption fears.



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