By Laura Sanchez
Investing.com - Jerome Powell, chairman of the US Federal Reserve (Fed) announced yesterday that a US interest rate hike would be "soon", but without specifying a date. However, the consensus still expects this to be in March.
US quarterly GDP will be released today.
The corporate earnings season continues.
Cryptocurrencies fall this morning.
Here are the five factors investors should consider when making their decisions today:
1. The Fed, fuzzy; today, US quarterly GDP.
There were two options: The first was for Powell to be categorical and specifically announce that the rate hike would be at the Fed's meeting next March. The second option was for him not to make it clear. And the Fed chairman opted for the second.
However, he did announce that balance sheet reduction will begin when rates are raised.
Today, the macro focus is on quarterly GDP in the United States. It is expected to increase by 5.5%.
2. Corporate results
3. A new crypto standstill
4. Asia and the American stock market
5. Macroeconomic data
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