FOMC is on Wednesday, March 20, 2024 at 2pm EST
Here's what you need to know Everyone's attention will be on the Fed’s median forecast for the key federal-funds rate, which was 4.6%.
Fed officials expected (3) 0.25 basis points cut to the funds rate. If the forecast comes in higher then 4.6% for 2024 and they are now only thinking (2) rate cuts or less for the year.
Well guess what happens to the market on March 20th?
Comment "interested" if you want to learn what our trading plan is for FOMC and the rest of the week.
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