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Factory orders and JOLTS top the US schedule as Fed meeting gets underway

The countdown to the FOMC decision got more interesting today as the RBA delivered a surprise 25 bps hike. The implied odds of a rate rise from the Fed tomorrow are up to 96% with some chance of a further hike in June creeping in. I don't think economic data will move that much today but it will be a factor with US factory orders and JOLTS on the agenda. Both are for March and both are out at 10 am ET.Note that there was a surprise fall in job openings last month and that economists expect that... Read More

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Content Topics

Factory

Orders

Jolts

Schedule

Meeting

Gets

Underway

Forex

Posted: May 2 2023, 12:21

Author Name: forexlive

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