The Federal Open Market Committee decision is Thursday 8 November afternoon US time (1900GMT)

Earlier previews

Adding now ….

Credit Suisse:

  • We expect the FOMC to keep rates steady at its November meeting and leave the policy statement largely unchanged. There will be no updated economic projections or a press conference. There is an outside chance that the Committee lowers the interest rate on excess reserves (IOER) by 5bps to 2.15%, as the fed funds effective rate has been trading at the IOER rate of 2.20% for the past week, but this is not our base case.

Daiwa:

  • given that there is little prospect of an actual change in policy settings, investor interest will centre on the accompanying short statement to see whether there is any sign that recent financial market developments might cause the Fed to refrain from tightening policy at the subsequent December meeting.