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Will the Fed do a “hawkish cut”? – Live coverage

The Federal Reserve is set to cut interest rates for the second time in a row but may signal that this reduction – like the previous one – is not part of a cycle. Investors are watching the Fed’s projections for the next moves – aka the “dot plot”. Will they signal another rate cut in October? Markets are betting on a pause – a “hawkish cut”. Markets will also be watching Fed Chair Jerome Powell’s press conference.

Follow all the developments in the live coverage:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.