The Trader 

Market Outlook: US Fed meets and decides today

The Trader

Many moons ago ‘the market’ had pencilled in another small rate hike by the Fed at today’s FOMC meeting. After Q4’s US stock market sudden slump, the tone has changed dramatically and no change in the current target range is expected. As for the subsequent press conference, commentators suggest he will ‘tiptoe’ through it carefully so as not to rock the boat.

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