Fed takeaway: September a done deal? ...Middle East

The FOMC statement didn't offer up too much but the minor changes are still a small step towards making a change on rates. The most notable thing was highlighting "risks to both sides of the dual mandate". It doesn't sound exactly dovish but it is consistent with the Fed's motives of starting to change things up. The key takeaway yesterday though was all about Powell's language in the presser.He brought up the idea of there maybe being "several" rate cuts this year while mostly reaffirming the current market pricing. The biggest thing is that there wasn't any pushback to what traders have priced in going into the Fed meeting yesterday. September was already fully priced in and there's roughl

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