September 18th

[Guest guest]

Dear Professor,

 

On the 18th September at 2pm, the US FOMC will decide if to raise, or lower

or keep interest rates on hold. This is a much anticipated event globally as

it will set the tone of financial markets given the credit crunch and the

recent data. The market is widely expecting an interest rate cut.

 

Is it possible to judge this from the chart? Is so, what is the method and

likely outcome?

 

 

Best regards,

 

Vyas Munidas