MY OVERVIEW 🧠
Trump has expressed dissatisfaction with the current Fed Chairman, Jerome Powell, stating that rate cuts would only happen if Powell is replaced.
Because of this, I am currently expecting no rate hike and no rate cut — a neutral outcome (NO CHANGE).
However, volatility is still expected around the meeting. Both sides of the market may attempt to grab liquidity during the announcement.
The most important part of this event is Powell’s speech, which comes around 30 minutes after the Federal Reserve rate decision.
In this speech, Powell will summarize the current economic situation and outline future plans.
This meeting is crucial, as it can set the direction for upcoming moves across financial markets.
DYOR | NFA