US FOMC Interest Rate decision today is the main focus of the week. With Feds now in a dilemma with sharp drop in crude prices immediately after a rate hike in December, today’s statement should provide some idea as to what the Fed is likely to do next…
2:00pm US FOMC Interest Rate Forecast 0.50% Previous 0.50%
Let’s take a look at the prior changes for last FOMC Statement as our basis for today’s FOMC Statement.
*BOLD [ ] INDICATES CHANGES.
December 16, 2015 – FOMC Statement Analysis
Here’s what the “Fed Whisperer” said recently:
(US) Fed watcher Hilsenrath (WSJ):
Considering all of the facts at hand, I expect to see no further policy action today. Global economic slump and the sharp decline in crude prices (40% drop) since the start of the year is enough for FOMC to take another look at their current policy, and for the very least, delay rate hike until there are some concrete data otherwise…
Here are some potential scenarios:
US FOMC Interest Rate | January 27, 2016 | Currency Trading
January 25, 2016 by Leave a Comment