It’s almost time for a Fed meeting and markets have high hopes. Despite a quiet, rangebound session, both the S&P 500 and Nasdaq closed at record highs, and the Nasdaq 100 extended its winning streak to nine sessions. With no macro data on the calendar today, attention was firmly on Wednesday’s FOMC meeting and with a 25bp cut is fully priced in, the real question is whether the Fed signals a cautious pace ahead or leans toward a faster cutting cycle. Traders will be watching Powell’s press con…
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