Stocks Slightly Higher Before FOMC Decision: What to Expect

Market Overview

Stocks are slightly higher before the FOMC decision on interest rates this afternoon. This comes as recent reports show a positive outlook in the housing sector. Specifically, US housing starts and building permits for August were better than expected, indicating a potential boost in economic activity.

Anticipation Before the FOMC Decision

As the market anticipates the FOMC's statement, investor sentiment remains cautiously optimistic. Analysts predict that this decision will have significant implications for interest rates and overall market direction.