Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
Bank of America Says These Overlooked AI Stocks Could Be the Next Winners 
Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations 
ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus 
We are only few hours away from much anticipated FOMC decision. We expect, a 25 basis points hike in Federal fund rate, discount rates and 25 basis points hike in excess as well as required reserve. We also expects FED to announce overnight reverse repurchase agreement (RRP) to be operational and increase in its cap size from current $300 billion to $750 billion.
In this series w, in detail covered the probabilities and possibilities of a rate hike as well as general overview of today's decision.
However, there is one last element, everyone needs to be watchful and that is dissenters.
Dissenters to watch out for -
Richmond FED president, Jeffrey Lacker have been dissenting for past few meetings of FOMC, calling for immediate rate hike.
However, our today's focus is not him.
If FED, do hike rates, then we need to be watchful of dissenter doves, if any.
According to September projection materials, 3 among the participants called for first hike in 2016 and one called for 2017.
