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The UK is set to cap land rents on existing properties. Sources familiar with the matter say British officials will announce on Tuesday morning that the cap will be £250 per property.
On January 27th, Huatai Securities reported that the Federal Reserve will announce its January interest rate decision in the early hours of January 29th (Thursday) Beijing time. The report anticipates a high probability that the Fed will pause interest rate cuts and maintain its forward guidance until December 2025, with limited new information expected. Attention will be focused on Powells statements regarding the interest rate path, the Feds independence, and whether he will remain on the board.
The U.S. Army awarded Salesforce (CRM.N) a $5.6 billion contract.
Meta Platforms (META.O) will test a premium subscription service on Instagram, Facebook, and WhatsApp.
Amazon (AMZN.O) has been awarded a $581.3 million Amazon Web Services contract by the U.S. Air Force.