Excerpt from Axios quoting DataTrek’s Nick Colas:
…. “What to watch: Virtually no one expects the Fed to announce an interest rate hike at today’s meeting, so the focus will be on the press conference.
- Without the release of new economic projections, there will be fewer questions surrounding things like the dot plot, so expect “harder/squishier [topics], for good or for bad,” says Nicholas Colas, co-founder of research firm DataTrek.
Read the full article here on Axios!