22-07-2022, 09:58 AM
Fed's meeting will be next week and the result will be announced on Wednesday. The market is expecting Fed to raise the interest rate by 75 BP to 2.5%. It is likely that this time, it would not surprise the market by hiking more than 75 BP like last month as the Commodity prices have fallen over 20% since the last FOMC meeting and the market was seeing the USD getting weaker since mid-July.
![[Image: Screenshot-2022-07-22-095656.jpg]](https://i.ibb.co/nwy0KVN/Screenshot-2022-07-22-095656.jpg)
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