Hurdle
The market has overcome the first hurdle of the week. Next up, PPI and Fed’s decision on their monetary campaign.
The market is widely expecting a pause. The focus is likely to be on Powell’s speech. Investors will look for clues on his messaging, as to whether is there any sign of the first rate cut.
Additionally, Fed will also issue its dot plot. Again, the market will be looking for indications on the expected period of rate cut.
The market is widely expecting a pause. The focus is likely to be on Powell’s speech. Investors will look for clues on his messaging, as to whether is there any sign of the first rate cut.
Additionally, Fed will also issue its dot plot. Again, the market will be looking for indications on the expected period of rate cut.
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