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SSPY - Hold Your Breath For This Fed Meeting - Trick Or Treat
Syntax Stratified LargeCap
Later this week, on October 30, the markets will hear from the Federal Open Market Committee of the US Federal Reserve. The central bank will decide if they will reduce the short-term Fed Funds rate for the third time in 2019 or leave the rate unchanged.
The market expects the central bank to reduce the short-term rate by 25 basis points this week. The uncertainty surrounding US trade with China, Brexit, and economic growth in the US all point to another rate reduction. However, not all of the voting members of the FOMC have supported