US stocks edged higher ahead of the Fed's interest rate decision
on the eve of the announcement of the Federal Reserve interest rate decision, the three major U.S. stock indexes rose slightly, with the Dow up 0.07%. The S&P 500 index rose 0.25%, and the Nasdaq index rose 0.46%. Wall Street generally expects the Federal Reserve to keep interest rates unchanged, but investors are more concerned about possible internal divisions in the decision-making vote. "The market is most concerned about how many opposing votes this decision to maintain interest rates will receive," said Hill, director of portfolio management at Horizon Investments. Investors will also carefully study the Federal Reserve's policy statement and closely monitor Federal Reserve Chairman Powell's remarks at the press conference. Schutte, Chief Investment Officer of Northwestern Mutual Wealth Management, believes that the key to the market's direction is whether Powell will signal a rate cut at the September meeting. The CNN Fear and Greed Index shows that "greed" sentiment currently dominates the market.
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