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FX.co ★ CAC 40 Little Changed As Investors Await Fed Policy Decision

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外汇新闻:::2024-03-19T09:57:00

CAC 40 Little Changed As Investors Await Fed Policy Decision

French stocks remained relatively stable on Tuesday as investors eagerly awaited the Federal Reserve and Bank of England's policy meetings set to occur this week.

A two-day policy meeting set by the U.S. Federal Reserve, commencing later today, has captured the attention of investors hoping for decisive indications about prospective rate cuts amidst persistent inflation.

The Monetary Policy Committee (MPC) of the Bank of England, on the other hand, is projected to uphold its current interest rates this Thursday.

In other news, the Bank of Japan made a significant move today by ending its 8-year run of negative interest rates. This marks the first rise in rates in 17 years.

In another development, the Reserve Bank of Australia has decided to maintain interest rates at their highest level in 12 years, indicating the potential end of monetary policy tightening.

Following a 0.2 percent decline on Monday, the CAC 40 benchmark managed a slight increase, reaching 8,152.

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