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For reference: Here is the previous FOMC statement

July 26, 2023

I always like to read the prior statement one more time before the FOMC decision, which is at the top of the hour. Federal Reserve …

Central Banks

BOC minutes: Debated not hiking at the July 12 meeting

July 26, 2023

Consensus among BOC members was that the cost of delaying action was greater than the benefit of waiting for more data Agreed they were prepared …

Central Banks

Preview: The Federal Reserve should be worried about the dwindling recessionary mindset

July 26, 2023

The Federal Reserve may be tempted to take a victory lap in the fight against inflation today and offer hints that it could be at …

Central Banks

WSJ Timiraos: Fed Officials have been burned on inflation and that curbs enthusiasm

July 26, 2023

The WSJ Timiraos, is tweeting an interview he gave at Fox Business, and says: The Fed will likely announce a 25 basis point hike at …

Technical Analysis

NZDUSD consolidate between short term technical levels

July 26, 2023

Generally speaking, the NZDUSD is consolidating between the 50% retracement of the move up from the June 29 low at 0.6230, and the 61.8% retracement …

Central Banks

Fed day is the best day to own stocks, but there’s a twist with Powell

July 26, 2023

Bespoke is out with a great chart today showing how markets have performed on Fed day under various Chairmen. Greenspan, Bernanke, Yellen and Powell all …