FOMC holds interest rates in 1.75%-2.00% range, as expected

FOMC holds interest rates in 1.75%-2.00% range, as expected

The Fed keeps interest rate unchanged in a range between 1.75%-2.00%. 

FOMC:

Fed repeats it expects further gradual rate increases. Says economic growth rate is 'strong'

Fed says headline, core inflation remain near 2%

the labor market continued to strengthen, job gains strong. Spending and investment have grown strongly

Recent data suggest that growth of household spending has stayed low.

Suggesting a rate increase is likely at its next meeting

01 Aug 18 (Wed)

06:02 pm



Never miss a winning trading opportunity.
Join OneBillionSignals now!

Never miss a winning trading opportunity.
Join OneBillionSignals now!

Download OBS Application Download OBS Application Now Sign Up
 

Risk Warning

Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.

Privacy Policy | Terms of Use

© 2024 One Billion Signals All Rights Reserved