US FOMC Interest Rate decision today is the main focus of the week and considering how much time the Fed has given us about today’s rate hike, I seriously doubt that there will be any surprises. However, if we do get a surprise of a no hike, we should see serious USD gains.
2:00pm US FOMC Interest Rate Forecast 0.75% Previous 0.50%
Let’s take a look at the last FOMC Statement as our basis for today’s FOMC Statement.
November 2, 2016 – FOMC Statement Analysis
Considering the rise in market expectations for a rate hike in this meeting, I would especially watch out for a no hike decision as it would probably be the most influential as the market has already priced in for a hike.
US FOMC Interest Rate | December 14, 2016 | Currency Trading
December 12, 2016 by Leave a Comment