Market Committee: Stress Patience and Interest-Rate Move

market committee: But no event has more market-moving potential than the Fed's policy meeting, with investors set to parse Chairman Jerome Powell's remarks for further clues on how the central bank will navigate an economy in transition, according to Market Watch. Read Fed to stress patience and that means no interest-rate move until at least June The Federal Open Market Committee will convene its two-day meeting on Tuesday with the market largely expecting the central bank to hold steady on rates. The final days of January will likely be action packed for stock-market investors as the Federal Reserve, corporate earnings, and politics all converge to create a volatile backdrop for trading. However, it's not the action so much but the message that investors will be focusing on. Markets are now pricing in little chance of rate hikes for the remainder of the year. Since the Fed's December meeting, comments from Powell and other Fed members have served to reassure investors, reiterating that further rate increases will be data-dependent and that policy makers are willing to be patient and flexible, said Mark Haefele, chief investment officer for UBS Global Wealth Management, in a note. (news.financializer.com). As reported in the news.