‼️Attention‼️
A Big New Alert in the next couple of hours !!!
3hours + away from Federal funds rate, Federal statement and FOMC Press Conference
So what to expect in these kind of high impact news? Let’s have a quick look below to understand a little more about it
📌 The Federal Reserve will make an interest-rate announcement at 2 p.m. Eastern Time ( A lot of prediction that the rate will likely remain in the range of 5.25% to 5.5%, where it has sat for nearly a year, at a 23-year high.)
📌 Fed chair Jerome Powell will hold a press conference at 2:30 p.m
📌 Absent a rate cut, the market will parse Powell’s words for any clue of when the Fed might act.
I normally call these are the Power of Powell 😂
As any single word from him can lead the market change significantly 😵💫 It’s crazy 📈📉📈📉
During the rest of this year, we have several more of the Fed meetings as below:
- July 30-31
- Sept 17-18
- Nov 6-7
- Dec 17-18
Here is a quick brief of what will be going on on the meeting. Hope everyone be aware of it 🙏🙏🙏
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Thank you and trade safe ❤️