Business · Markets · 7 hrs ago

Fed decision, economic data and tech earnings set to shape US markets

Fed decision, economic data and tech earnings set to shape US markets

US markets face a busy week as investors await the Federal Reserve’s interest rate decision on Wednesday.

The Fed raised rates in September to address persistent inflation, but investors broadly expect it to hold rates steady this week.

GDP and inflation figures will help show how the US economy is performing, with an initial third-quarter growth estimate due Thursday.

A separate forecast puts growth at 1.7%, slower than the second quarter, though that figure is not yet an official result.

Alphabet, Microsoft and Amazon report quarterly earnings, with investors focused on their AI spending, cloud growth and data-centre investments.

Rising oil prices are adding pressure, while high prices and weakening consumer confidence complicate the outlook for households and markets.

The Fed’s decision, company results and economic releases may shape expectations for future rate moves; the sources do not give the actual results yet.

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