🔔As the meeting of the 🏦 U.S. Federal Reserve 🇺🇲 approaches today, financial markets are anticipating the upcoming decisions regarding monetary policy 🧭, which include setting the interest rate 🎯, the accompanying statement, economic forecasts, as well as the press conference of Federal Reserve Chair Jerome Powell. These decisions are pivotal as they will significantly impact the U.S. dollar, as well as stock and commodity markets such as gold and oil.

✨Currently, speculation is increasing regarding the direction of the Fed after U.S. inflation has decreased faster than expected. Recent data showed that the Consumer Price Index recorded an annual growth rate of 2.8% in February, lower than the expectations of 2.9%. Additionally, core inflation has noticeably slowed to 3.1%. This situation bolsters expectations that the Fed may decide to cut interest rates in the near future.

✨In contrast, the data related to the labor market showed mixed signals. A total of 151,000 new jobs were added in February, a number lower than expected, while the unemployment rate rose to 4.1% from 4.0% in the previous month, which may indicate a slowdown in economic activity. The Personal Consumption Expenditures (PCE) index, which is an important measure of inflation for the Federal Reserve, recorded an increase of 0.3% in January, in line with expectations.