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Federal Open Market Committee meeting: No decision has been made on Interest Rate changes yet, with an investment value of $35,000
The Fed's decision to keep the Intrerest Rate between 4.25% and 4.50% in the study is in line with the expectations of most experts. Jerome Powell said in his speech that the economy is strong, but inflation remains above the central bank's 2% target. With the Federal Open Market Committee's meeting on January 2nd, the pause in rate cuts has arrived after three rate cuts.
Paul said:"As the economy continues to grow strongly, we should not rush to change the policy direction".
It is worth mentioning that an experienced trader best took advantage of the opportunity, betting on the outcome of the Federal Open Market Committee, and made $35,000 in just a few hours. Interestingly, this person took a risky bet of $1.86 million. If the Fed chooses to cut interest rates, the investor will lose $1.86 million.