HomeMarketsInternational MarketsFOMC Meeting Begins Today, How Hawkish Will The Fed Be?
FOMC Meeting Begins Today, How Hawkish Will The Fed Be?

The Reserve Bank of Australia raised rates for the first time in over 10 years. The Australian dollar (/6A) is a little stronger on this, and my guess is that New Zealand will probably follow pretty quickly, says Scott Bauer, CEO of Prosper Trading Academy. The level of employment is what has driven the Fed over the last year or 18 months not to raise rates, he adds. He and Ben discuss the employment situation and what they expect from Friday's report. Scott thinks there may be a small pullback on the dollar, but the trend is still to the upside. The also discuss the weakness in the Japanese yen (/6J). Tune in for the full discussion.

Futures

03 May 2022

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