The Federal Open Market Committee meets today to discuss economic conditions and the implementation of monetary policy. No major changes are expected, but sentiment and tone from the meeting are typically enough to increase market volatility.
After a 3-month rally of more than 13%, equities paused and then got spooked by the potential for a global virus outbreak. While historically pandemics have not had a long-lasting impact on the economy or the markets, more volatility seems likely in the near-term.
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