Fed Decision Looms: Markets Price In 92.3% Chance of Rate Hike
The Federal Reserve's interest rate decision is just hours away, and markets are largely pricing in a 25 basis point hike.
According to CME FedWatch, there's a 92.3% chance of a quarter-point increase, making it unlikely that the Fed will surprise with a hold.
The real focus will be on the projections, dissenting votes, and comments from Kevin Warsh, as investors seek clarity on what comes next for the economy.