The Federal Open Market Committee (FOMC) is scheduled to meet Sep 20 at 2:30 PM ET / Sep21 at 2:30 SGT. The main focus of the meeting will be on interest rates.
Comments from officials, including hawks, suggest a willingness to pause again in September (as they did in June) but leave the door open for further rate hikes at the November or December FOMC meeting.
Given this situation economists are universally expecting the Fed funds target rate range to be left at 5.25-5.5% with markets not pricing even 1bp of potential tightening.
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