Even though the federal government in Washington temporarily closed on Tuesday, the FOMC meeting will proceed as planned.
According to the latest post from @FederalReserve, despite the impact of severe weather, the federal government offices in Washington, D.C. announced a temporary closure on January 27 (Tuesday), but the Federal Reserve confirmed that its meeting will not be disrupted and will take place as scheduled.
The Federal Reserve stated that all announcements, including statistical data, will be released as per the agenda. Specifically, the monetary policy meeting of the Federal Open Market Committee (FOMC) will be held from January 27 (Tuesday) to January 28 (Wednesday).
Moreover, the timing for the announcement of the meeting results will remain unchanged. The FOMC statement will be released at 2 PM Eastern Time on January 28 (3 AM Beijing Time on Thursday), followed by a press conference with the Federal Reserve Chair at 2:30 PM (3:30 AM Beijing Time on Thursday).
Finally, regarding this decision by the Federal Reserve, are you more eager to hear “hawkish” signals or “dovish” reassurances? Feel free to leave your predictions in the comments!