📈 FOMC INTEREST RATE DECISION 2:00 PM

This is what you need to know.

FOMC Meeting 2:00 ET

Today we are going to find out what is going to happen with interest rates.

The interest rate decision comes out at 2PM and then we have Powell speaking at 2:30 PM. Both will move the market.

The market is expecting to see a cut to rates to the tune of 25 basis points, but there is a chance that we see a 50 basis points decrease.

Make sure you pay close attention to Powell’s remarks because they have potential to move the market just as much as the actual interest rate decision. We will be looking to see his take on the decision that comes out and any hints on what’s to come in the future in terms of rate cuts.