Biden and Xi to talk by phone

Slightly Softer Dollar but Higher Share Prices Ahead of FOMC Announcement

July 27, 2022

The FOMC statement due at 18:00 GMT today will be followed by Powell’s press conference 30 minutes later. Fed forecasts are not being updated at this meeting, and officials are widely expected to raised the fed funds target by 75 more basis points to 2.25-2.50%, which would more or less align such with what is […] More

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