Stock Futures Point to Higher Opening Ahead of FOMC Meeting

Stock futures suggest a slight increase in the markets today as the Federal Reserve is scheduled to release its interest rate statement. The expectation is that the Fed will maintain the current record low rates.

Pundits will be watching closely however, for any signals from the Fed for when they expect to increase rates as growth returns to the economy. The Fed continues to say that inflation is not an immediate concern, but once growth reaches a certain threshold, most market watchers expect the Fed to act quickly to move interest rates higher.

Source: Associated Press

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.