The Fed is broadly expected to pause its easing cycle when it gives its monetary policy statement on Wednesday. — AFP
NEW YORK: The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in US stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.
Stocks swooned after the Fed's last meeting in December, when the central bank downgraded its forecast for rate cuts as it braced for firmer inflation this year.
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