The U.S Federal Open Market Committee (FOMC) is meeting today & tomorrow for the final time in 2021, & markets will be watching very closely.
More Details🧐 The Fed is mainly expected to discuss speeding up the end of its bond-buying program, & could also begin to raise interest rates faster amid rising inflation.
And of course, we can’t forget Omicron, although market participants are less concerned about it after it became clear that Omicron is unlikely to cause the economy to shut down.
Why is this Important🤔 Experts don’t expect much market reaction unless the Fed’s messaging includes a surprise or its forecast for interest rate hikes is more aggressive than expected.
