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FOMC Press Conference is scheduled for June 12 at 2:30 PM ET /June 13 at 2:30 AM SGT/June 13 at 4:30 AM AEST. Subscribe to join the live NOW!
The FOMC is expected to leave interest rates at a 23-year high at their upcoming meeting, and their estimates of three rate cuts for 2024 may be revised to show fewer cuts, or potentially none at all. The reason for rate cuts will be more important than timing, with a gradual slowdown in the economy being a preferred scenario.
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Paul Anthony Chin : very helpful thanks again for your wonderful comments today