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Crucial timing and forecast for FOMC rate decision, Jesse Cohen notes

Crucial timing and forecast for FOMC rate decision, Jesse Cohen notes
FOMC rate decision and statement timing

The U.S. Federal Reserve is scheduled to release its Federal Open Market Committee (FOMC) rate decision and statement today at 2:00 p.m. ET, with a press conference at 2:30 p.m. ET.

Jesse Cohen highlighted that the forecast and previous rate are both at 4.00%.

Cohen has previously highlighted major market shifts in Asia. He reported when the Kospi Index fell nearly 4 percent overnight. Cohen also noted when SK Hynix shares dropped 10% in Korea trading, erasing $85 billion in value.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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