Investors are in search of evidence of how to assess the risk of a global trade war amid the meeting taking place in January. Today, on average, markets expect the publication of the protocol of the meeting of the Federal Reserve System of the USA, where the decision was made to keep interest rates unchanged in the context of rising inflation and uncertainty about the possible consequences of introducing tariffs that President Donald Trump threatened to impose. Investors are waiting for the meeting protocol to find signs of a change in monetary policy after data indicating rising inflation, falling consumer confidence, and weaker-than-expected sales in the retail sector. Markets expect a reduction in interest rates.
