RE: Centamin13 Dec 2023 10:46
The FED meet today, NOT tomorrow.
They will keep rates the same, and they will also add that they will do whatever is necessary to meet their inflationary targets. They will say that the economy has remained resilient. They will not reveal a rough date, this is up to the market to estimate, which is continually does.
The markets will then move on the way they interpret what he says, as he says it- we all know what drivers need to tick up.
This is all normal.
As ever, for UK stock exchange investors you have to predict what will happen, as the UK markets are shut when he speaks.
Different story for US markets.
Many UK traders, just shut off and the gold game around his announcement and words, which are 23hour. You can CFD around his every word.