The market on alert ahead of the Fed meeting: what is the key data that investors expect
There is a 98% chance that the Fed will leave the rate unchanged at Wednesday's meeting. The market will be attentive to Powell's comments in order to determine what the future of monetary policy in the United States will be.
It is clearly built into the prices that the Fed will not move the interest rate to leave it in the 5.25% and 5.5 percent range.
However, investors will be attentive to the comments that Fed Chairman Jerome Powell may make about the future of rates in the US.