Today is an important day on the calendar for financial markets. The Fed's decision on interest rates and the speech by Fed Chairman Powell. Also, today the data on the US labor market, the GDP of the States for the second quarter, and the quarterly core personal consumption expenditure price index in the US will be released.

Experts and market participants mainly believe that the Fed will maintain the interest rate at 4.25-4.5% per annum, where it has been since December last year.

Increased interest is generated by discussions about the future trajectory of monetary policy. As is known, Trump is pressuring Fed Chairman Powell to lower rates, but Powell does not intend to yield today. The market assesses the chances of a rate decrease at the next meeting in September at more than 60%.

It is worth noting that after maintaining the rate at the meeting in June, there was a correction for a few days...