Find Out Today What the Fed's Going to Do Tomorrow and Why

You are receiving this as a part of your subscription to Wall Street Insights & Indictments. To remove your email from this list, unsubscribe here.   Tuesday, October 29, 2019 Find Out Today What the Fed's Going to Do Tomorrow and Why By Shah Gilani Dear Wall Street Insights & Indictments Reader, The Federal Reserve's policy and rate-setting committee, the Federal Open Market Committee, meets today and tomorrow for the seventh of eight regularly scheduled yearly meetings. At the conclusion of their meeting, the committee issues a press release, generally referred to as the FOMC Statement, outlining its economic outlook, policy decisions, and targets for the federal funds rate. The chairman of the Federal Reserve, who heads up the FOMC, by statute, holds a press conference four times a year after the FOMC meets. However, in June 2018 Fed Chairman Jerome Powell announced he would hold a press conference after every FOMC meeting in 2019. 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