The Financial World Locks Gaze on Fed’s Decision
And the day the financial world was waiting for has finally come. Today, the FOMC concludes its two-day monetary policy meeting, with investors fully pricing the first quarter-point cut since 2008. Given that a 25bps decrease is widely anticipated, if happens, investors may quickly turn attention to hints and signals on how officials intend to move forward.
Will the Fed Cut Rates? If Yes, Will it Signal More?
The dollar traded higher or unchanged against most of the other G10 currencies…