The dollar index (DXY00) today is up by +0.27%. The dollar is climbing today ahead of the results of the FOMC meeting later today when the Fed is expected to leave interest rates steady.

The Federal Open Market Committee (FOMC) kept rates the same in its first meeting of the year. The FOMC is responsible for making decisions about monetary policy by managing open market operations.

Stocks are under pressure today on risk-off sentiment ahead of the results of today’s FOMC meeting. Some negative earnings results are also weighing on stocks today, with Packaging Corp down ...

The tables below list the dates of Fed meetings when the FOMC changed interest rates, the size of each rate change in basis points—abbreviated as bps—and the resulting federal funds target ...

We expect Powell to stress that the FOMC is data-dependent and cautious about further cuts, while dodging questions about the impact of Trump’s policies on the Fed’s rate path.

Krillin, a full-time crypto trader, hinted at the possibility of sideways consolidation between $100,000 and $110,000 until the Federal Open Market Committee (FOMC) meeting takes place Jan. 28–29.