Federal Open Market Committee (FOMC) Statement
Next week’s economic releases are mostly housing-related reports with none of them considered to be highly important. There also is a Treasury auction scheduled that may affect rates during afternoon trading one day. However, the most important day will be Wednesday because of the FOMC meeting that will adjourn, followed by revised economic projections from the Fed and a press conference with Chairman Powell that afternoon. Monday has nothing of importance set, meaning we can expect weekend news to be the biggest influence on trading as the new week begins. Look for details on all of next week’s activities in Sunday evening’s weekly preview.