Fed Expected to Make a Dovish Hike Amid Data, Market Divergence

The transcript discusses the current state of oil demand in the U.S. and its relevance to the Federal Reserve's meeting. It highlights the divergence between market perception and economic data, with indicators suggesting continued economic strength despite a slight deceleration. The Fed is expected to maintain its current strategy, focusing on data dependence rather than guaranteeing rate increases, while considering market conditions.

What does the data suggest about the economy's growth compared to the Fed's expectations?

What changes are expected in the Fed's statement regarding interest rates?