Predict what Jerome Powell says tomorrow using just 1 word
Dow Jones futures tilted lower early Wednesday, along with S&P 500 futures and Nasdaq futures. The Federal Reserve will conclude its two-day meeting on Wednesday afternoon, with the Fed's rate-cut outlook in focus.
The Fed will release its latest "dot-plot" of policymakers' rate projections at 2 p.m. ET. In late 2023, the dot plot pointed to three Fed rate cuts in 2024. There is speculation that policymakers could cut that to two rate cuts.
Markets are slightly leaning toward a June Fed rate cut, but it's not a done deal.
Markets are slightly leaning toward a June Fed rate cut, but it's not a done deal.
Predict what Jerome Powell says tomorrow using just 1 word
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