Wednesday, June 18, 2014

Trading For Profit - M.A.S. Tue - Jun 17, 2014

The Fed kicked off its two-day policy review late Tuesday and a rate decision is due at 2 p.m. ET on Wednesday. It is expected to announce another $10 billion reduction to its asset purchases, taking them to $35 billion per month. Fed Chair Janet Yellen will hold a news conference half an hour after its decision is published. The central bank will also be releasing its updated economic growth forecast, which could lead to some market volatility.

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