Fresh Fed signals may jolt markets

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...