FOMC Decision Today
Kevin Walsh's first meeting as the new Fed Chair. Powell has dominated this stage for the past 8 years.
While the Fed is expected to keep interest rates unchanged, they might drop hints about future decisions starting today.
With
$OIL
prices pulling back and the war seemingly coming to an end, this could help ease inflationary pressures over time.
However, we've seen inflation spike recently due to the war; the question is how long it will take to fully digest the disruptions from the past few months.
As always, the focus will be on the Fed's tone. How worried are they about inflation? Do they think the job market is strong? And so on.
Kevin Walsh's first meeting as the new Fed Chair. Powell has dominated this stage for the past 8 years.
While the Fed is expected to keep interest rates unchanged, they might drop hints about future decisions starting today.
With
$OIL
prices pulling back and the war seemingly coming to an end, this could help ease inflationary pressures over time.
However, we've seen inflation spike recently due to the war; the question is how long it will take to fully digest the disruptions from the past few months.
As always, the focus will be on the Fed's tone. How worried are they about inflation? Do they think the job market is strong? And so on.