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The FOMC decision is coming up next. What to watch for
The Federal Reserve will almost surely leave rates unchanged in the current range of 5.25-5.50% at the top of the hour. The intrigue will be in the statement and commentary from Chairman Jerome Powell in the press conference.Here is how the previous statement read:Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. Inflation remains elevated.The U.S. banking s...
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Posted: Nov 1 2023, 17:45
Author Name: forexlive
Views: 112149