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FOMC Decision Today 🚨
The first meeting of Kevin Warsh, the new fed Chairman. Powell has taken this stage for the past 8 years.
While the Fed is expected to keep rates the same, they might start signalling future decisions today.
With $OIL coming down and the war seemingly ended, that will help drive inflation back down over time.
But we have seen a recent spike due to the war and the question is how long the past few months of disruption still takes to absorb.
Regardless, the tone of the fed is what people will be mostly looking at as always. How much do they worry about inflation? Do they think the job market is strong? etc.
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