The May FOMC meeting concludes today with Fedlines and a Powell presser. Not much is expected from these events and, in a way, they are a mere formality ahead of the June FOMC, which will be far more interesting.
But you never know. Maybe Jerry will surprise with something that catches "the markets" off guard? He could allude to multiple rate cuts at any sign of economic weakness. He might also signal that the current plan is for no rate cuts at all. We'll just have to wait and see. The only thing we know for certain is that you can watch it here at 2:30 ET.
The big news...
