How to trade the FOMC meeting

From blog.hycmlab.com

Tomorrow will see the FOMC meeting and here are some of the key factors to consider going into the event. First of all, where are we at regarding tapering? Last jobs print means a September taper is highly unlikely The August jobs print came in +500k below expectations at +235K vs +750k expected. One of the key focal points for the fed is getting jobs back up to pre-pandemic levels and this print meant the Fed is far less likely to announce tapering in September. Take a look at the recovery needed to get jobs back on track. So, the bottom line here is that the Fed are unlikely to announce a September tapering due to ... (full story)