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Awaiting Federal Reserve interest rate decision and major corporate earnings

Schaeffer's Research ·

LLY Lilly(Eli) & Co
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  1. 1Investors are focusing on the October FOMC interest rate decision and GDP, personal income, and consumer spending figures.
  2. 2The FOMC will begin its two-day meeting on October 27.
  3. 3The Federal Reserve will announce its interest rate decision on October 28 at 2 p.m. (ET).

So what's the key point?

The U.S. central bank will decide on interest rates on October 28. Investors are closely watching this decision and various economic indicators.

Source Schaeffer's Research · View original ↗

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