Wall Street waits: Fed’s next move keeps markets frozen.
📡 MarketWatch · 1 min read ·
Part of composite article Fed Chair’s First Big Test: Jackson Hole Speech Could Decide Rate Cuts or Hikes View full article →
U.S. stock futures barely moved on Sunday evening, closing out a quiet week on Wall Street. Investors held back, waiting for new signals from the Federal Reserve about where interest rates are heading.
The lack of movement suggests caution, not panic. After several weeks of mixed economic data, traders are unsure whether the Fed will cut rates, hold steady, or raise them again.
With no major earnings or economic reports due before Monday’s opening bell, the market is in a holding pattern. All eyes now turn to Fed officials’ upcoming speeches and the next policy meeting for clarity.