Jan 27, 2021 7:00:00 AM | LGT Navigator
LGT Navigator: US Federal Reserve monetary policy decision in the spotlight
In addition to a number of important corporate results, the decision of the US Federal Reserve on monetary policy and the assessment of Fed Chairman Powell are eagerly awaited today. In view of the unpredictable course of the pandemic and the resulting uncertain economic outlook, the Fed is likely to reaffirm its longer-term loose monetary policy. In addition to the Fed and the ongoing earnings season, the corona pandemic remains the dominant theme in the capital markets. According to data from Johns Hopkins University, the number of Covid-19 infections worldwide now exceeded 100 million.