The FOMC meeting will conclude on the afternoon of September 18 (U.S. time) and the Fed's interest rate decision will be announced at 2 PM Eastern Time (North America).
The Federal Reserve is predicted to cut interest rates by up to 50 basis points during the two-day policy meeting on September 17-18. Photo: AFP
While markets have priced in a 100% chance that the Fed will lower interest rates during the two-day policy meeting on September 17-18 (U.S. time), there remains much debate about how far Fed officials will take monetary policy.
Will the Fed implement the traditional cut of 25 basis points or will it be aggressive from the start of the rate-cutting cycle with a reduction of 50 basis points?
Observers of the Fed's actions are concerned that inaction from this FOMC monetary policy meeting could have a larger-than-normal impact. The FOMC meeting will conclude on the afternoon of September 18 (U.S. time) and the Fed's interest rate decision will be announced at 2 PM Eastern Time (North America).
