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FOMC Meeting Minutes to Be Released at 12:30 AM IST Tonight

Traders are cautioned to expect heightened market volatility following the Federal Reserve's meeting minutes and advised to avoid overreacting to initial price swings.

Summary

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Terms & Concepts
  • FOMC (Federal Open Market Committee): The policy-making body of the U.S. Federal Reserve responsible for setting interest rates and overseeing open market operations.
  • Volatility: A statistical measure of market price fluctuations, indicating the degree of variation in trading prices.
  • IST (Indian Standard Time): The time zone used in India, 5 hours and 30 minutes ahead of Coordinated Universal Time (UTC+5:30).