#FOMCMeeting
U.S. Federal Reserve Meeting (FOMC)
Today
Expected Decision:
No change in interest rate
(staying between 4.25% and 4.50%)
Reason:
Inflation is still high
The U.S. economy has started to weaken (decline in GDP)
What does this mean?
No major changes in the markets right now
Possibility of interest rate cut in the summer