Today, investors will follow the ECB meeting, which will end with the publication at 12:45 (GMT) of the decision on interest rates. At 13:30 a press conference of the ECB will begin, during which December 2015 historic interest rate hike. On December 16, 2015 the Fed increased its key interest rate, the Federal Funds Rate, for the first time since June 2006. The hike was from the range [0%, 0.25%] to the range [0.25%, 0.5%]. Historical actions Federal Open Market Committee (FOMC) members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the USD, while a lower than expected rate is negative/bearish for the USD. Just about everyone predicted the Federal Reserve would cut interest rates on Wednesday. But the market is no longer sure. Most are expecting a rate cut of 25 basis points, which would bring down the target rate interest rate to just over 2%. Here are the four most important elements to look out for in the Fed's decision. US Federal Reserve rate decision: five things to watch Here are five things to watch for in the rate decision and Mr Powell’s press conference. “We are clearly at a time where we have Wall Street has closed at a new all-time high, as traders welcome today’s cut to US interest rates. The benchmark S&P 500 index scaled new peaks -- up 10 points, or 0.3% to 2,046, a new record
Wall Street has closed at a new all-time high, as traders welcome today’s cut to US interest rates. The benchmark S&P 500 index scaled new peaks -- up 10 points, or 0.3% to 2,046, a new record FOMC announcements inform everyone about the US Federal Reserve’s decision on interest rates and are one of the most anticipated events on the economic calendar (for USD and USD pairs) FOMC holds eight regularly scheduled meetings during the year and other meetings as needed.
The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. Links to policy statements and minutes are in the calendars below. The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. Committee membership changes at the first regularly scheduled meeting of the year. Today, investors will follow the ECB meeting, which will end with the publication at 12:45 (GMT) of the decision on interest rates. At 13:30 a press conference of the ECB will begin, during which December 2015 historic interest rate hike. On December 16, 2015 the Fed increased its key interest rate, the Federal Funds Rate, for the first time since June 2006. The hike was from the range [0%, 0.25%] to the range [0.25%, 0.5%]. Historical actions Federal Open Market Committee (FOMC) members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the USD, while a lower than expected rate is negative/bearish for the USD. Just about everyone predicted the Federal Reserve would cut interest rates on Wednesday. But the market is no longer sure. Most are expecting a rate cut of 25 basis points, which would bring down the target rate interest rate to just over 2%. Here are the four most important elements to look out for in the Fed's decision. US Federal Reserve rate decision: five things to watch Here are five things to watch for in the rate decision and Mr Powell’s press conference. “We are clearly at a time where we have
Today, investors will follow the ECB meeting, which will end with the publication at 12:45 (GMT) of the decision on interest rates. At 13:30 a press conference of the ECB will begin, during which December 2015 historic interest rate hike. On December 16, 2015 the Fed increased its key interest rate, the Federal Funds Rate, for the first time since June 2006. The hike was from the range [0%, 0.25%] to the range [0.25%, 0.5%]. Historical actions Federal Open Market Committee (FOMC) members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the USD, while a lower than expected rate is negative/bearish for the USD. Just about everyone predicted the Federal Reserve would cut interest rates on Wednesday. But the market is no longer sure. Most are expecting a rate cut of 25 basis points, which would bring down the target rate interest rate to just over 2%. Here are the four most important elements to look out for in the Fed's decision.
Today, investors will follow the ECB meeting, which will end with the publication at 12:45 (GMT) of the decision on interest rates. At 13:30 a press conference of the ECB will begin, during which December 2015 historic interest rate hike. On December 16, 2015 the Fed increased its key interest rate, the Federal Funds Rate, for the first time since June 2006. The hike was from the range [0%, 0.25%] to the range [0.25%, 0.5%]. Historical actions