Eyes will focus on Jerome Power and the Fed this week
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The Street
The Street
By Charley Blaine It’s getting on the end of the year, and everyone wants to know the answer to this question for the Federal Reserve and Chairman Jerome Powell: When will the Fed start cutting interest rates? There may be a hint of an answer on Wednesday when the Federal Open Market Committee, the central bank’s rate-making body releases its end-of-meeting statement after a two-day meeting, followed by Chairman Jerome Powell’s post-meeting press conference. The decision will be by far the biggest event affecting financial markets this coming week. There are still some earnings reports to be e…