Fresh Fed signals may jolt markets
© FinancialMirror 2023
By Han Tan, Chief Market Analyst at Exinity Group
The FOMC is widely forecasted to leave its benchmark rates unchanged on Wednesday. Federal Reserve Chair Jerome Powell is also expected to convey a hawkish hold, though such commentary unlikely to bring the US rates debate to a conclusive end.
Wednesday’s policy signals will feed into the market’s ongoing obsession over the Fed policy outlook, and may well trigger heightened volatility across asset classes.
Markets need a good reason to awake from their summer slumber, with...
Click to view: Cyprus News Headlines Today - Live
Article automatically added to our system on Wednesday, September 20, 2023
Contents of this article including associated images are © FinancialMirror 2023
Views & opinions expressed are those of the author and/or FinancialMirror .
You may also like the following pages:
More from FinancialMirror | Latest News | Trending News | Local News | Weather | Webcams | Restaurants | Flights