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US Interest rate decision

The US Federal Reserve will announce monetary policy decisions following the April 30 - May 1 policy meeting on Wednesday. Market participants widely anticipate that the US central bank will leave the policy rate unchanged at 5.5% for the sixth consecutive meeting. Hence, investors will scrutinize the changes in the statement language and comments from Fed  Powell to figure out the timing of the policy pivot. There is a 60% probability of the Fed lowering the policy rate in September, respectively.

Dr. Kamaran Qader Yaqub,
Financial consultant at Investment Spot company. 

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