Rate cut -50 basis points 4.75-5.00%
Update time: September 19, 2024Gold prices have experienced significant volatility over the past week, hitting a record high on Thursday, hitting $2,790.11 per ounce before falling back. As of early trading in the European market on Friday (November 1), spot gold had rebounded slightly to around $2,752 per ounce, but the market was still full of uncertainty. The market is currently paying attention to the release of U.S. non-farm payrolls data, which is expected to be a key factor driving the trend of gold this week.
Announcement date September 18, 2024 |
current interest rate 4.75-5.00% |
This change -50 |
next announcement November 06, 2024 |
next forecast 4.50-4.75% |
latest inflation 2.5% |
| interest rate trend | ||
 |
||
| resolution time | Basis of change | Adjusted interest rate |
|---|---|---|
| September 19, 2024 | -50 | 4.75-5.00% |
| August 31, 2024 | 0 | 5.25-5.50% |
| June 12, 2024 | 0 | 5.25-5.50% |
| May 2, 2024 | 0 | 5.25-5.50 |
| March 21, 2024 | 0 | 5.00%-5.25% |
| February 1, 2024 | 0 | 5.00%-5.25% |
| Month | Resolution statement | Press conference | Bitmap | Economic forecast | Summary | Beige book |
|---|---|---|---|---|---|---|
| November 2024 | November 06 | -- | -- | -- | -- | -- |
| December 2024 | December 18 | December 18 | December 18 | December 18 | January 08 | December 03 |
| January 2025 | January 28 | January 28 | January 28 | January 28 | -- | -- |
| March 2025 | March 18 | March 18 | March 18 | March 18 | -- | -- |
| May 2025 | May 06 | May 06 | May 06 | May 06 | -- | -- |
| June 2025 | June 17 | June 17 | June 17 | June 17 | -- | -- |
| Federal Reserve interest rate decision + press conference + economic forecast + dot plot:Interest rate resolutions are made eight times a year, and the results are usually released at two or three o'clock in the morning Beijing time on Thursday. Among them, the economic forecast and dot plot will be announced in the statement of the resolution at the end of each quarter, and the Federal Reserve Chairman’s press conference will be held half an hour later. The other resolutions only have a resolution statement. 2. Minutes and Beige Book: Minutes are published three weeks after the resolution of the month, and the Beige Book is published two weeks before the resolution. 3. Cross-day processing: The date on the Federal Reserve’s table corresponds to the early morning Beijing time of the next day on the financial calendar. In order to remind users not to miss the content released in the middle of the night, the date of the above table on Huitong. 4. Released at 02:00 in the morning, write the date of Wednesday's trading day in the above table. | ||||||
| Central bank | Current interest rate | Next forecast | The latest rate hike (not 0) basis points | Historical peak | Record low | CPI latest value |
|---|---|---|---|---|---|---|
 FED |
4.75-5.00 2024-09-18 |
4.50-4.75 2024-11-07 |
-50 2023-09-19 |
20 March 4, 1980 |
0-0.25 December 27, 2008 |
3.2 |
 ECB |
3.4 2024-10-17 |
3.15 2024-12-12 |
-25 2024-10-17 |
4.75 October 5, 2000 |
0.00 March 16, 2016 |
5.3 |
 BOJ |
0.25 2024-10-31 |
0.25 2024-10-31 |
15 2024-07-31 |
0.30 October 31, 2008 |
-0.10 January 29, 2016 |
3.3 |
 BOE |
5 2024-09-19 |
4.75 2024-11-07 |
-25 2024-08-01 |
17 November 15, 1979 |
0.1 March 26, 2020 |
6.8 |
 SNB |
1 2024-09-26 |
0.75 2024-12-26 |
-25 2024-09-26 |
3.5 February 3, 2000 |
-0.75 January 15, 2015 |
1.6 |
 RBA |
4.35 2024-09-24 |
4.35 2024-11-05 |
+25 May 2, 2023 |
17.00 January 22, 1990 |
0.75 October 1, 2019 |
6 |
 BOC |
3.75 2024-10-23 |
3.25 2024-12-05 |
-25 2024-10-232 |
8.06 February 23, 1995 |
0.25 April 21, 2009 |
3.3 |
 RBNZ |
4.75 2024-10-09 |
4.25 2024-11-27 |
-50 2024-10-09 |
8.25 July 26, 2007 |
0.25 March 16, 2020 |
6 |
-
Current interest rate5.00-5.25
-
Historical peak20
-
Last change5.00-5.25
-
Next appointment5.00-5.25
-
Record low0-0.25
-
CPI3
-
當前利率4
-
歷史峰值4.75
-
最近一次變動3.75
-
下次預約4.0
-
歷史最低0.00
-
CPI5.5
-
當前利率-0.10
-
歷史峰值0.30
-
最近一次變動-0.10
-
下次預約-0.10
-
歷史最低-0.10
-
CPI3.3
-
當前利率5.00
-
歷史峰值17
-
最近一次變動4.50
-
下次預約5.25
-
歷史最低0.1
-
CPI7.9
-
當前利率1.75
-
歷史峰值3.5
-
最近一次變動1.50
-
下次預約2.00
-
歷史最低-0.75
-
CPI1.7
-
當前利率4.10
-
歷史峰值17.00
-
最近一次變動4.10
-
下次預約4.10
-
歷史最低0.75
-
CPI6
-
當前利率5.00
-
歷史峰值8.06
-
最近一次變動4.75
-
下次預約5.00
-
歷史最低0.25
-
CPI2.8
-
當前利率5.50
-
歷史峰值8.25
-
最近一次變動5.50
-
下次預約5.50
-
歷史最低0.25
-
CPI6
10:31
09:22
09:21
09:00
08:56
The Federal Reserve
1、conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy;
2、promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
3、promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole;
4、fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments;
Interpretation of interest rate resolution
2024-10-30U.S. employment is unexpectedly strong, and GDP data adds another variable! Will the Fed's interest rate cut expectations be shattered?
On Wednesday (October 30), the United States released October ADP employment numbers and third-quarter GDP data. The ADP report showed that 233,000 new jobs were added in October, the largest increase since July 2023, exceeding market expectations of 114,000.
Interpretation of interest rate resolution
2024-10-31Gold trading reminder: repeatedly hit record highs! But US economic data makes bulls hesitate, don't forget September PCE
Gold prices hit a record high again on Wednesday to $2,789.89 an ounce as uncertainty over the U.S. presidential election boosted safe-haven demand and traders awaited economic data to provide clues on the Federal Reserve's policy path.
Interpretation of interest rate resolution
2024-11-01The situation in the Middle East has changed suddenly! Can oil prices stop falling and rebound? The market is paying attention to several major events!
On Friday (November 1), oil prices resumed their gains, mainly affected by Iran's announcement of imminent military retaliation against Israel. Market concerns about a potential escalation of tensions in the Middle East have once again ignited bull support for oil prices.
