Overview:
U.S. equity futures are nearly unchanged Wednesday as markets brace for Kevin Warsh's first Federal Reserve rate decision at 2:00 PM ET, with a 97% probability the Fed holds at current levels. The 10-year Treasury yield sits at 4.47%, gold has pushed to $4,336.83, and WTI crude trades at $75.47. VIX at 16.41 suggests options markets are pricing modest risk around the announcement, but not alarm.
U.S. equity futures are nearly unchanged Wednesday as markets brace for Kevin Warsh’s first Federal Reserve rate decision at 2:00 PM ET, with a 97% probability the Fed holds at current levels. The 10-year Treasury yield sits at 4.47%, gold has pushed to $4,336.83, and WTI crude trades at $75.47. VIX at 16.41 suggests options markets are pricing modest risk around the announcement, but not alarm.
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