Summary We expect the FOMC will leave its target range for the federal funds rate unchanged at 4.25-4.50% at its upcoming meeting on May 6-7, a view widely shared by financial markets and economists. Market pricing currently implies only a 9% probability of the FOMC cutting the fed funds rate by 25 bps. Since the […]
The post May Flashlight for the FOMC Blackout Period: Waiting for the Fog to Lift appeared first on Action Forex.
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