Central Bank Bonanza: Will it Kill or Fuel the Festive Joy?

U.S. stock futures were flat as investors await the final Federal Reserve meeting of 2023 for signals on interest rate cuts. The recent rally in equities is expected to continue, with investors optimistic about further gains. The S&P 500 and Nasdaq Composite closed with a six-week winning streak, while the Dow remained flat. The central bank's efforts to bring down inflation have been successful, boosting sentiment. Chair Jerome Powell is expected to maintain the key fed funds rate steady and reiterate his commitment to lowering inflation. Investors are also watching for key inflation data and upcoming earnings reports.