#FOMCWatch:
Investors are closely watching the Federal Open Market Committee as its October 27–28 meeting concludes, with the interest rate decision expected on October 28 at 2:00 p.m. ET. Markets widely anticipate rates remaining at 3.75%–4.00%, following September’s increase, but persistent inflation and slowing job growth complicate the outlook.
Federal Reserve Chair Kevin Warsh’s press conference at 2:30 p.m. ET will be crucial for clues about December policy. A hawkish tone could strengthen the dollar and pressure stocks and cryptocurrencies, while a more cautious stance may support risk assets.
Investors are closely watching the Federal Open Market Committee as its October 27–28 meeting concludes, with the interest rate decision expected on October 28 at 2:00 p.m. ET. Markets widely anticipate rates remaining at 3.75%–4.00%, following September’s increase, but persistent inflation and slowing job growth complicate the outlook.
Federal Reserve Chair Kevin Warsh’s press conference at 2:30 p.m. ET will be crucial for clues about December policy. A hawkish tone could strengthen the dollar and pressure stocks and cryptocurrencies, while a more cautious stance may support risk assets.