The decision on the significance of the interest rate in the US
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 (Kyiv), today. Most likely, the range of the federal funds rate will remain at 1.25-1.50%.
The US central bank will publish a statement by the Federal Open Market Committee. Investors will follow any changes in the intonation of the wording, which can facilitate to judge more accurately about the possibility of changing the interest rate in the coming months.
The Fed meeting this week will be the last meeting under the leadership of Janet Yellen. In February, she will be replaced by the current board member of the Fed, Jerome Powell.
Most economists predict that the Fed will raise the interest rate in March, its second increase will take place in June, and the third – in December.
Do not miss the opportunity to earn on the most anticipated event of this week!
Good luck!
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