The Federal Reserve: The FOMC meeting will resume as scheduled at 9:00 PM Beijing time.

July 29th, according to PANews, the Federal Reserve stated that the FOMC meeting will resume as scheduled on Wednesday morning at 9:00 AM (Beijing time evening). "Fed mouthpiece" Nick Timiraos reported that Goldman Sachs believes, given the current one-third probability priced into the interest rate futures market for a Fed rate hike today, that regardless of the Federal Reserve's final decision, it will be the largest "surprise" at a non-rate-cut meeting since 1997. If the Federal Reserve does raise rates, it will be "the largest meeting-day surprise, excluding rate cuts, since the Fed began issuing statements announcing policy rate changes."