On X (Twitter), everyone seems to be predicting what will happen with FOMC today and how the market will react to it.
Well, it was 50/50 yesterday. However, how the market would react to it is not guaranteed. If there is news I fear most in the markets, it is the interest rate and the FOMC meeting minutes. The speeches after the rate decision weighs more, which makes it complicated at times, especially when it was highly anticipated by Trump.
What do you think will happen today? Do you think the rate will remain unchanged, or will it be cut?
The rate was kept on hold at 4.50% when it was released yesterday. I am sure this is in defiance of Trump's threat to Jerome Powell. But to be honest, the rate should have been cut, judging by the trend of the US inflation rate.