#FOMCMeeting
NPC - News & Bits...
Hey there, so you're getting a bit more settled eh as you gain a bit more comfort with trading and don't needy to be literally attached to the phone 📱or 💻PC. We've got you! grab a cup; ☕coffee or 🍵tea no worries!
Whilst you're at it the Federal Open Market Committee (FOMC) is currently meeting, their policy statement is expected today at 2:30pm EST/18:30 UTC. It's expected to result in Fed fund rates ranging around 4.25%-4.50% despite economic indicators of GDP Contraction, Rising Unemployment and Persistent Inflation...
With these mixed signals investors have remained with an cautious optimism and expect rate cuts in July rather than June...