Tomorrow, the minutes from the Federal Reserve’s most recent meeting will be released. Traders could be waiting for clarity about the Fed’s decision-making process and what’s next on Wednesday afternoon.
U.S. economic indicators seem to be contradictory. While GDP has been on the decline, unemployment has reached its lowest rate in over 50 years.
The Federal Open Market Committee concluded its July summit yesterday, followed by a press conference. Investors and traders alike may be able to get a clearer understanding of the United States’ near-term trajectory in monetary policy.
Many major markets have had a rough time keeping trading results in the black so far this year. According to many experts, a combination of geopolitics, inflation, and central banks’ response toward the latter could be pushing the U.S. toward recession.
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