#FOMCMeeting

📄✍ Today is the interest rate decision on the US dollar

⭕ The markets priced in a 25 basis point reduction in the interest rate for the US dollar

⏰ The news timing is at 21:00 Lebanon time | 22:00 Saudi Arabia time

🔈🔴 Jerome Powell's speech, which is the most important and final one for this year regarding interest rates, will be half an hour after the decision

📄 What does this mean and what do we expect and what should we look for:

◀️ A reduction in interest rates will give a drop to the US dollar

◀️ Gold is anticipating this reduction, which acts as a catalyst for the rise of gold and metals

◀️ US stocks, cryptocurrencies, and commodities are in a strong wave of volatility due to uncertainty in US monetary policy

◀️ Jerome Powell has 3 meetings left before the end of his term, and we want to hear from him what his plans are for the remainder of his term—whether he will continue with the reduction policy or move to stabilization. This topic is very important

📄 It has been decided that there is an alternative to Jerome Powell who will be appointed in May when Jerome Powell's term ends

◀️ Revealing this name publicly later will be important, especially depending on the background of the person who will be appointed and what economic thought they represent.