Federal Reserve's Final Interest Rate Decision of 2024 and Micron's Earnings Report
December 19, 2024 - 11:52
The Federal Reserve has made its final interest rate decision for 2024, a move that has significant implications for the economy and financial markets. As analysts and investors await further insights, all eyes are on Fed Chair Jerome Powell's upcoming remarks, which are expected to shed light on the central bank's plans for 2025. The decision comes amidst a backdrop of varying economic indicators, making the Fed's communication crucial in guiding market expectations.
In addition to the Fed's announcement, Micron Technology is set to report its earnings after the market closes. This report is highly anticipated, as it will provide insights into the semiconductor industry, which has been facing challenges due to fluctuating demand and supply chain issues.
Several companies are trending in the market, including Oklo, SoundHound AI, Nissan, and Uber, reflecting a diverse range of sectors capturing investor interest. Key economic figures and strategists are scheduled to provide their analyses, including Wilmington Trust's Chief Economist Luke Tilley and former Cleveland Fed President Loretta Mester, among others. Their perspectives will be invaluable as the market digests the implications of the Fed's decision and Micron's performance.
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