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Five things to watch for in the FOMC decision

The FOMC decision on interest rates is due at 2 pm ET (1800 GMT). Here are five things to watch for:1) No change in ratesIn May, this looked like a close call but just before the Fed blackout hit, a pair of Fed officials offered strong hints about skipping the June meeting and potentially hiking in July. The market still held onto a potential hike until yesterday's CPI undershot estimates. At present, the market is pricing in just an 8% chance of a hike from the 5.00-5.25% range.2) A signal abou... Read More

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Posted: Jun 14 2023, 17:16

Author Name: forexlive

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