As Fed Meeting Starts, Investors Appear Confident That Dovishness Will Continue
By JJ Kinahan
There have been two major themes arguably helping to boost stocks this year: A dovish Fed and increasing optimism about a U.S.-China trade deal.
With little news on the latter front this morning, focus could turn toward the Fed, which begins its two-day policy meeting today. With the central bank widely expected to hold rates steady this week, that leaves Fed watchers to anticipate whether policy makers will telegraph more thinking on a potential rate trajectory with a change to its dot plot.
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