Will the Fed disappoint markets and send USD higher? LIVE
The Federal Reserve is set to leave the interest rate unchanged but may hint of upcoming rate cuts. Fed Chair Jerome Powell has said that they will “act as appropriate” and probably drop the “patient” language. The central bank will publish the dot-plot in which they project where rates will be next and also forecasts for growth and inflation outlooks. The announcement will be followed by a press conference held by Powell.
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