On December 18th this week, the Federal Reserve will announce its interest rate decision 💼 and CME shows a 93.4% chance of a 25 basis point rate cut 📉. This week, the United States 🇺🇸 will also release the actual GDP for Q3 📊 and the core PCE for Q3 💡.
⭐️ Assessment: The Federal Reserve's decision to cut interest rates will have a significant impact on the global economy 🌐 and financial markets 💹. If rates are cut, this could boost economic growth but also carries the risk of higher inflation. The GDP and core PCE indicators will be crucial factors in determining the health of the U.S. economy in Q3 and forecasting subsequent decisions from the Fed 🏦.
