The US Fed is going to announce its fifth interest decision of 2024 tonight(July 31). Market Analysts Expect th Fed to Maintain the current interest range of 5.25%-5.50%.
Live Status:- The US Federal Reserves holds rates steady but notes progress on inflation.
Dow Jones:-Dow Jones Touched high of 41,053 today
Nasdaq Composite:- Nasdaq Composite Climbed to High of 17610 today.making a rally of 400 Plus Points.
SGX or Gift Nifty:- Gift Nifty Futures Touched high of 25115 breaking 52 records High.
Government Said Yearly inflation fell to 2.5% in July.
“The Fed is Optimistic that cuts are likely in near term, but we do not think it is willing to signal September is a done deal”. Wrote Bank of America Economists.
Nvidia Share Soars upto 11% after Microsoft Announcement.
