Blogs

12/18/2018 Morning Brief

Economic:

The Federal Reserve will almost certainly raise interest rates on Wednesday despite pressure from President Trump not to do so. President Trump took to twitter again yesterday saying the Fed shouldn't raise rates. "It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us. The FOMC is likely to produce a dovish statement at the end of the meeting tomorrow. Economic Reports: 8:30 am ET Housing Starts. 08:55 am ET The Fed;s Red Book.

12/17/2018 Morning Brief

Economic:

Traders are looking ahead to a crucial Federal Open Market Committee (FOMC) meeting this week The Fed will conclude its final policy meeting of the year Wednesday and while analysts widely expect the central bank to raise short-term interest rates, the focus will be on the Fed's outlook for next year. Traders expect to see some near-term volatility and a short-lived rally into the end of the year. Economic Reports: 8:30 am ET Empire State Mfg Survey. 10:00 am ET Housing Market Index.

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