The First FOMC Meeting of the Year, UPS Earnings, and OPEC's Outlook 01/31/23
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The Federal Reserve is kicking off its first policy decision meeting of the year, and after seven straight rate hikes in 2022, investors are expecting the committee to continue easing off the accelerator. Former Fed Vice Chairman Roger Ferguson gives his thoughts. Plus, Wall Street is watching shares of UPS as the company prepares to report Q4 earnings. BofA Securities' Ken Hoexter breaks down what to expect. And, OPEC+ is meeting again virtually, with the big question being whether they will keep their current output plan. RBC Capital Markets' Helima Croft weighs in on the outlook.