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Woofun AI reports that analyst Matthew Weller anticipates the Federal Open Market Committee will maintain interest rates unchanged during Chairman Kevin Walsh's inaugural meeting.
However, the market's focus has shifted toward the Summary of Economic Projections, the dot plot, and the press conference, which are poised to significantly recalibrate expectations regarding the future trajectory of monetary policy.
Concurrently, the US Dollar Index (DXY) is hovering near the 99.5 threshold, a level identified as a pivotal technical watershed. This specific price point is expected to dictate the directional trend of the dollar for the current week and potentially influence longer-term market sentiment.