The Federal Reserve just released their Rate Decision with no surprise.
The FED is holding their Policy Rate between 4.25% to 4.50% on a 9-2 Vote – The Report has seen many “uncertainties” removed from the text compared to the past June Meeting.
Imminent reactions are those of some small mean-reversion in the US Dollar and US Indices after this morning’s rallies in all these assets.
I will update this piece during the Q&A from Powell coming up at 2:30 P.M which you can live access right here.
You can also access the July Meeting statement on the Federal Reserve’s website.
A few intraday charts to be updated
S&P 500
Dollar Index
US 10Y Treasury Bond
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