Fed's First 2025 Meeting: Market Impact Muted as Trump Policies Take Center Stage

The Federal Reserve's first policy meeting of 2025 is expected to be a non-event for the stock market, with rates likely to remain unchanged in the 4.25%-4.50% range. Investors are shifting their focus to President Donald Trump's economic policies as the primary market driver. While the Fed maintains a cautious stance due to above-target inflation, the operating environment of elevated US yields and a stronger global USD is expected to persist. The central bank's outlook on interest rates may be limited by uncertainties surround