I’ll be keeping an ear on the

I’ll be keeping an ear on the Fed’s remarks about the economy, though I’m not expecting to be swayed by them. The data is already in the public domain, and the conclusion is clear enough this time round. The outlook is neither overly optimistic nor particularly bleak—it’s more of a balanced stance. Whatever the Fed says tonight isn’t likely to deliver any major surprises that would shake up the markets. If we see the market trend upwards ahead of the announcement, a pullback is likely to follow post-announcement, and vice versa.

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