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)

As this is the last meeting of 2025 and there will likely be many suggestions for the agency's policy in 2026, the meeting's developments are of great interest to 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. Major indexes were almost flat from the opening to the end of the trading session.

According to experts, investors are now expecting the Fed to reduce the base interest rate by another 0.25 percentage points, similar to the move made in the September and October policy meetings. The market is assessing the possibility of this interest rate reduction at about 87%, much higher than the 67% level 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 say the Fed's comments on the 2026 outlook are likely to lead to immediate market reactions, and could become a general trend that lasts until the end of the year.

Many forecasts are showing that, although the Fed's easing cycle has begun, interest rates in the US are unlikely to return to the super low levels before the pandemic. The speed and extent of the Fed's interest rate adjustment in 2026 will depend largely on the actual developments of inflation and the labor market.

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