![]() We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. Read Also: Fed Decision, Powell’s Speech Timing Rate Hike Forecasts "The difficult thing for the FOMC at this meeting will be the tension between bringing down inflation and financial stability risks,” said Jonathan Millar of Barclays (LON: On the other hand, a rate hike could manage to spook investors as well as add angst in the banking sector, economists believe. ![]() If the Fed leaves the policy rate unchanged, it could signal the central bank’s under-confidence in the US banking system or the economy’s resilience. The Fed’s rate hike of 25 bps wouldn’t interest the market as much as Powell’s statement on the economic and inflationary outlook and ‘if he can do a good enough job convincing the public of the banking noise’, said Oliver Pursche of Wealthspire Advisors.Īll eyes will be set on the Fed’s decision to balance the erratic banking crisis with the fight against inflation. The most likely outcome will be a 25bp hike in rates along with assurances of financial stability.” In a note provided to, Vinod Nair, Head of Research, Geojit Financial Services said, “Today’s Fed decision will be crucial in determining the direction of the market. IG International Limited receives services from other members of the IG Group including IG Markets Limited.(FOMC) policy meet will end on Wednesday and the central bank will announce its iĪt 11:30 pm (Indian Time), followed by Jerome Powell’s press conference half an hour later.Īccording to the Fed Rate Monitor Tool, there is an 85.6% likelihood of a 25 basis point rate hike of 4.75-5%, while investors and economists will remain laser-focused atįor indications on the central bank’s stance in tackling the banking turmoil while balancing inflation. IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.ĬFD Accounts provided by IG International Limited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail client accounts lose money when trading CFDs, with this investment provider. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. ![]() Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Consequently any person acting on it does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. This information has been prepared by IG, a trading name of IG Markets Limited.
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