Wall Street is 'guessing the intention': will it be a 50 or 25 basis point rate cut? The next 12 hours will reveal the answer.
If there is no media report about a 25 basis point interest rate hike before Wednesday, the possibility of a 50 basis point interest rate hike on Wednesday will increase further. The media trend in the next 12 hours is crucial and may ultimately determine market pricing.
Dow Jumps Over 200 Points Ahead Of Fed Meeting: Investor Sentiment Improves But Fear & Greed Index Remains In 'Neutral' Zone
9/17[Strong and Weak Materials]
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Americans Are Falling Behind on Their Bills. Wall Street Is Alarmed. -- WSJ