At the end of each FOMC meeting, the Fed releases a short statement outlining its current take on the state of the economy. About every six weeks, its Federal Open Market Committee (FOMC ...
The language about “the extent and timing” was new. Otherwise, the statement is unchanged from the FOMC’s November 6-7 meeting. The Fed’s policymaking committee voted to lower their target ...
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.
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 United States Federal Reserve (Fed) Chairman Jerome Powell is scheduled to announce the Federal Open Market Committee's (FOMC) interest rate and policy decision later today on December 18.
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