Fed seen renewing “extended rate” pledge
Shared by Henry
If I recall it correctly, in one of the recent speeches made by BBB (Big Ben Bernanke), he did drop the “extended period” phrase and that helped USD to surge temporarily. We could see that happen, and this article should provide you will tradable scenarios.
WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to surprise no one on Wednesday by holding interest rates near zero and repeating its vow of an extended period of very low rates at the conclusion of a two-day policy meeting.