Fed Interest Rate Decision. USD, 21:00 (GMT+2)


The Fed’s decision on the interest rate is due at 21:00 (GMT+2). It is expected that the regulator will leave it at the same level of 1.75% and will not take active action at the last meeting this year. Moreover, most FOMC members consider the rate cuts already undertaken this year to be sufficient to support the prospects for moderate economic growth, a strong labor market and maintaining inflation close to the target level of 2.0%.

Read more here:

Comments

comments