WATCH: Fed Chair Powell to give his post-meeting press conference at 14:30ET/19:30GMT
Fed Chair Powell's upcoming press conference is pivotal, as it follows the latest Federal Open Market Committee (FOMC) meeting.
Fed Chair Powell (post-meeting statement) says US economy is on a firm footing
Motiva restarts large coker at Port Arthur, Texas refinery
WATCH: Fed Chair Powell to give his post-meeting press conference at 14:30ET/19:30GMT
SNAP ANALYSIS: Fed leaves rates unchanged, as expected; offers little clues on future policy path
FOMC STATEMENT: Rates kept unchanged at 3.50-3.75%, as expected; vote split 10-2 (Miran and Waller called for 25bps rate cut)
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This address will likely clarify the Fed's monetary policy stance, which could influence expectations for interest rates and the USD's strength versus other currencies. Market participants should closely monitor any hints at future rate path adjustments or economic assessments that could impact risk sentiment across assets.
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