Trading activity in US stocks is underway, with market participants keenly awaiting the Federal Open Market Committee (FOMC) rate decision, scheduled for 2 PM ET. While there is a general consensus expecting no change in rates, the real focus lies on the accompanying statement, comments from Fed Chair Powell, and the updated forecasts for GDP, inflation, employment, and interest rates. This breadth of information is poised to significantly influence market dynamics. The impact on the markets will largely hinge on whether the Fed's stance and projections lean more towards dovish (favoring lower rates to stimulate the economy) or hawkish (unchanged for longer), relative to the current market e
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