The two-day FOMC monetary policy meeting concludes on Wednesday, March 20 at 2:00 ET. FOMC Chairman Powell’s press conference starts at 2:30 ET. FOMC Meeting Expectations Economists overwhelmingly expect the Federal Reserve to leave interest rates unchanged in the 5.25-5.50% range, with every single one of the 108 economists surveyed by Reuters expecting the central bank to stand pat. Traders are similarly discounting only a 1% chance of an interest rate cut this week, per the CME’s FedWatch tool: {chart} FOMC Meeting Preview: Heading into the Fed meeting, the key question is not about current interest rates; rather ... (full story)