EVENT OF THE DAY: Interest rate in the States!
Dear traders,
According to analysts, the Fed will keep the interest rate as a result of a two-day meeting. The decision of the Fed will be announced at 21:00, today. Most likely, the range of the federal funds rate will remain at 1.5-1.75%.
The US central bank will publish a statement by the Federal Open Market Committee. Investors will follow any phrases regarding inflation and the state of the American economy.
Most economists predict that the Fed will raise the interest rate in June, its next increase will take place in September, and the third – in December.
Investors will follow the dollar exchange rate and the dynamics of interest rate changes after during the week was recorded the maximum growth of the dollar since November 2016. At the same time, the yield of 10-year US government bonds exceeded the psychologically important level of 3% for the first time in four years. (Investing.com)
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Have a nice day and high profits, Gentlemen!
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