History suggests that Fed chairs like to end their terms with an aggressive stance toward inflation, according to DataTrek.
Get this delivered to your inbox, and more info about our products and services.
Powell faces if not the most difficult challenge of his time in office at least the trickiest.
"Only expect minor statement tweaks, including smoothed language on recent labour data," noted Deutsche Bank's Jim Reid.
Recent "releases helped to validate the dovish arguments pushing for more rate cuts this year," Deutsche Bank's Henry Allen noted.
Lower rates can turbocharge an already surging stock market. However, risks on the economic front are becoming more apparent.
Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond…
In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious…
