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Cow Moo-ney commented on a stock · Sep 19, 2023 19:04

Sep FOMC Meeting

The Sep FOMC meeting kicks off today. It is widely expected (close to 100%) that the Fed will pause their rate hike this month.

Investors will want to hear from Powell on the possibility of further rate hike from now till end of the year

The decision will be out on Thurs 2am, with Powell speaking at 230am

Rewind to a few months ago in June, 2/3 of the Fed officials anticipated 2 more rate hike this year, and we have gotten one in July.
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Cow Moo-ney
Successful investing is about managing risk, not avoiding it. DYODD Support my YouTube channel: Jay el
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