Wall Street holds its breath awaiting signals from the Fed.

VTV.vn - On the night of December 9th (Vietnam time), the Open Market Committee, the policy-making body of the US Federal Reserve (Fed), began its first day of policy meetings.

The headquarters of the US Federal Reserve in Washington D.C. (Photo: Kyodo/VNA)

Since this is the final meeting of 2025 and likely to provide many clues to the agency's policy in 2026, the developments at the meeting are being closely watched by Wall Street investors.

On the first day of the Federal Open Market Committee meeting, the cautious sentiment of investors was clearly reflected in the performance of the US stock market. The main indices remained largely unchanged from the opening to the close of trading.

According to experts, investors are currently expecting the Fed to cut the benchmark interest rate by another 0.25 percentage points, similar to the move made in the September and October policy meetings. The market assesses the probability of this rate cut at around 87%, much higher than the 67% figure from a month ago.

In addition, investors will closely monitor the Fed's economic outlook forecasts and comments from Chairman Jerome Powell after the meeting. This is because the agency still faces an uncertain macroeconomic environment, with many economic data releases delayed due to the prolonged US government shutdown.

Many experts believe that the Fed's assessments of the 2026 outlook are likely to trigger immediate market reactions, which could become a general trend lasting through the year.

Many forecasts suggest that, although the Fed's easing cycle has begun, interest rates in the US are unlikely to return to their ultra-low pre-pandemic levels. The pace and extent of the Fed's interest rate adjustments in 2026 will depend heavily on the actual developments in inflation and the labor market.

Source: https://vtv.vn/pho-wall-nin-tho-cho-tin-hieu-tu-fed-100251210085047038.htm