Explained: What is expected today at US Fed Reserve meeting, how it will impact India | Explained News, The Indian Express

Explained: What is expected today at US Fed Reserve meeting, how it will impact India | Explained News, The Indian Express

Edited by Explained Desk |New Delhi |Updated: June 19, 2019 4:17:16 pm

Explained: What is expected today at US Fed Reserve meeting, how it will impact India

In light of the recent escalation of the US-China trade war and tepid economic data, this month’s FOMC meeting is being more closely watched than usual.

After the committee’s announcement, Federal Reserve Chairman Jerome Powell will hold a presser.

The US Federal Reserve’s Federal Open Market Committee (FOMC) is set to deliver its interest-rate decision Wednesday following a two-day meeting. After the committee’s announcement, Federal Reserve Chairman Jerome Powell will hold a presser.