Prediction market gives 96% odds of hawkish greeting from Powell at FOMC presser

A U.S. prediction market platform shows a 96% probability that Federal Reserve Chair Jerome Powell will begin today's Federal Open Market Committee (FOMC) press conference with the greeting "Good afternoon." Market observers have noted a trend in past press conferences where this opening has signaled a hawkish stance, while the phrase "Hello everyone" has suggested a more dovish position. The Fed is scheduled to announce its interest rate decision at 6:00 p.m. UTC on Sept. 17, followed by Powell's press conference.