It’s a Huge Week: What Will the Fed Decide on Wednesday? What Will Jerome Powell Say?

Interactive Brokers chief strategist Steve Sosnick said the Fed may scale back expectations of future interest rate cuts ahead of this week's interest rate ￰0￱ stated that markets have almost certainly priced in a 25 basis point cut, saying, “The Fed doesn't want to disappoint the majority of people. However, they may dampen excessive optimism about future ￰1￱ could call this a 'hawkish rate cut.'” Noting that inflation is still out of control, Sosnick noted that core PCE and core CPI are trending upward ￰2￱ US-China trade talks continue, China's launch of an antitrust investigation into NVIDIA has created market ￰3￱ shares fell 2 percent, Texas Instruments 2 percent, and Analog Devices 2.5 ￰4￱ commented, “Trade talks are ￰5￱ the US is exerting pressure, China is also seeking responses from various angles.” Related News: Big Whales Are Quite Active: Here Are Their Altcoin Trading Activities in Recent Hours “A unanimous decision to ease policy is unlikely,” Samuel Tombs, chief ￰6￱ at Pantheon Macroeconomics, wrote in a note.

“The committee’s split means the policy statement will be brief and to the point, offering little information on the timing and extent of further easing.” *This is not investment ￰7￱ Reading: It’s a Huge Week: What Will the Fed Decide on Wednesday? What Will Jerome Powell Say?