World Market News of the 19 December with FXOpen #dowjones #sp500 #nasdaq #fed #fedrate #usstocks

BANK OF JAPAN STICKS TO ULTRA-EASY MONETARY POLICY The Bank of Japan decided unanimously on Tuesday that it would keep interest rates at -0.1%, while also sticking to its yield curve policy that references the 1% upper bound for 10-year Japanese government bonds as its limit. BOJ Governor Kazuo Ueda is due to meet the press in Tokyo later Tuesday, where he may offer guidance on the BOJ’s future path. Source: CNBC US STOCKS RISE, BUILDING ON 7-WEEK RALLY US stocks edged higher Monday, building on a seven-week climb even as Federal Reserve officials tried to rein in high expectations for interest rate cuts. The Dow Jones Industrial Average was virtually unchanged, as the index just barely notched another record close. The benchmark S&P 500 gained nearly 0.5%, while the tech-heavy Nasdaq Composite advanced about 0.6%. Stocks have surged as investors became increasingly convinced the Federal Reserve would make more rate cuts in 2024 than previously forecast. Those hopes got a boost last week, as policymakers recognized its efforts to cool inflation were having an impact. Source: Yahoo Finance ’THE GREAT DISINFLATION’ WILL SET THE STAGE FOR 5 FED RATE CUTS IN 2024 - GOLDMAN SACHS The world economy has entered a period of “great disinflation,“ Goldman Sachs said Monday. The Federal Reserve is likely to slash interest rates five times in 2024, according to the bank. Its outlook comes after chair Jerome Powell’s dovish comments sparked last week’s stock-market surge. Source: Business Insider #bankofjapan #dowjonesindustrialaverage #dowjonesindex #sp500today #nasdaqstocks #greatdisinflation #interestrate #usstockmarket #usstock 🌐 FXOpen official website: Join us on our social networks: ✅ ✅ ✅ ✅ CFDs are complex instruments and come with a high risk of losing your money.