Originally published on May 1, 2019
By Ansh Chaudhary
The Federal Reserve ends its two-day meeting today. Chairman Jerome Powell will be discussing the economic outlook at a press conference scheduled for 2:30 p.m. ((ET)). As expected, the Fed won't be changing interest rates at this time. With President Trump demanding more rate cuts ahead of elections, the Fed will likely attempt to stress its independence and not sound too dovish.
Economic data at this point is sending a lot of mixed signals. In some places, there are signs that a more dovish policy from