The Federal Open Market Committee meet his week, announcement on May 1.
Spoiler alert - expect no change, on hold. That's pretty much unanimous.
At the March meeting the committee affirmed the shift to dovish, revising down forecasts for economic activity and for rates ahead. Wariness was enhanced, risks noted more strongly, and that tone is likely in communications after this meeting. Having said this, sentiment globally has improved a touch, the outlook for China is not as dour. And Friday's US GDP report was a ripper. This is reflected in market pricing for Fed cuts for the rest of 2019 having declined.
