Preview: Five things to watch for in the FOMC decision ...Middle East

It's Fed day and the market is nervous.The US dollar has strengthened and equities have sunk on fears the Fed could introduce more-hawkish language. Here is what to watch for:1) How likely are hikes?The market started out the year by pricing in more than 150 basis points in Federal Reserve rate cuts this year. That's dwindled down to 30 bps. That move has fuelled the US dollar rally so far in 2024 but equity markets have been sanguine, in part because the hot inflation has come with a strong economy. However that attitude won't last if the pivots to an outright hawkish stance.I wouldn't expect to see anything explicit in the statement but Powell will be repeatedly prodded about if/when rate

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Preview: Five things to watch for in the FOMC decision ...Middle East

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