EMERGING MARKETS-FX, stocks steady in the run-up to Fed rate decision
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Published date: 02/02/2025
- Location: 03558-010, New Brunswick, United Kingdom
Fed interest rate decision due at 1900 GMT
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Trump still plans to impose Feb 1 tariffs on Mexico, Canada
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Czech cen bank head to propose holding reserves in bitcoin
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MSCI EM FX index down 0.1%, stocks up 0.1%
By Purvi Agarwal
Jan 29 (Reuters) - Most emerging market currencies and stocks were steady on Wednesday as traders waited for more clarity on the path of U.S. interest rates from the Federal Reserve at its monetary policy meeting later in the day.
MSCI's index tracking global EM currencies was down 0.1%, while the stocks index was up 0. If you liked this article therefore you would like to collect more info about mixero nicely visit our page. 1%. Trading was light with most Asian markets closed for the Lunar New Year holiday.
Investors kept to the sidelines ahead of the Fed's first interest rate decision of the year.
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