The Federal Reserve is set to leave its policy unchanged and send a message of “patience†regarding interest rates. That leaves the focus on the balance sheet reduction program. After Chair Jay Powell said that the balance sheet reduction would be on autopilot in December, he later opened the door to make changes in the program. What will the Fed say about it? The US Dollar is already weaker but perhaps did not fall enough. Or did it go too far?
Join our live coverage of the all-important rate decision and Powell’s press conference.
