What is the FED up to today?

Quote from nazzdack:

What are they doing? They're looking at the Fed Funds contract to determine what they should do.
And having done that they'll take a Eurodollar position for pocket money just before the announcement.
:)
 
Quote from Kastro_316:

With the FED meeting today, what impact will this have do you all think? :)

It could be big if they give out any signal that they are almost done.
 
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