The Market Brief

The Market Brief

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The Market Brief
The Market Brief
The Market Brief

The Market Brief

Sep 18, 2024
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The Market Brief
The Market Brief
The Market Brief
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Hey team, it’s time. The most important FOMC meeting in years is here, and its results will make or break the markets. Let’s break down the last session and see what’s next!

Impact Snapshot

  • 🟥 Federal Funds Rate - 2:00pm

  • 🟥 FOMC Press Conference - 2:30pm

Macro Viewpoint

U.S. equity futures edged higher as global markets adopted a cautious stance ahead of the Federal Reserve’s upcoming interest rate decision.

Traders remain divided on whether the central bank will opt for a 25 or 50 basis point cut, with market-implied probabilities currently indicating a 55% chance of the larger reduction.

The Federal Reserve is preparing to lower interest rates for the first time in four years. The market's response, whether positive or negative, will depend not just on the size of the rate cut but also on the anticipated pace of further reductions.

Although an initial cut of 25 or 50 basis points will prompt a short-term reaction, the true market driver will be the Fed's outlook for future rate cuts.

Investors are looking for a strong signal that more reductions are coming to support economic growth, which could ignite a broader market rally.

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