Reply to thread

Message: <blockquote data-quote="funny1234" data-source="post: 19424243" data-attributes="member: 523856">United States: This weeks market highlight is going to be the FOMC meeting on Wednesday, U.S. Fed policymakers arewidely expected to start moving interest rates higher with the first small rate hike seen this week, traders shouldunderstand that this would be the first rate hike since the the middle of 2006. The expected rate increase is for 25 bps,this would push the Feds's target range to 0.25% to 0.50%. It should also be noted that the markets have been pricing inan expected rate increase for a few weeks already, so traders should expect the short term market reaction to createchoppy trading conditions in the wake of this Wednesdays FOMC Statement and release of the U.S. Federal Funds Rate.</blockquote>

Top Bottom