Fed cut expected, market reaction hinges on multiple factors
Send us Fan Mail Fed meeting today; rate decision at 18:00 GMT, Powell speaks 30 minutes later. A 25bps cut is expected, but details matter for markets, particularly the dot plot. Powell expected to follow the Jackson Hole script; all eyes on possible signals about October. Dollar could suffer from a dovish show; equities fear downbeat economic comments. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider...
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