Today is the FOMC day. 🚨🚨
📌FOMC preview
Market expects no change in interest rates by the Fed today.
But the market already prices slightly more than -25 bps reduction in the Fed Funds Rate in September.
Earlier cut today would be a surprise.
Today is the FOMC day. 🚨🚨
📌FOMC preview
Market expects no change in interest rates by the Fed today.
But the market already prices slightly more than -25 bps reduction in the Fed Funds Rate in September.
Earlier cut today would be a surprise.