The much awaited Fed rate decision has been announced. The US central bank, the Fed, increased the interest rate by 0.75 basis points. FED increased the policy rate to 1.50% – 1.75% range.
The Fed has announced its interest rate decision!
The US central bank, the FED, has announced the interest rate decision that all markets have been waiting for. The FED had increased the interest rate by 0.75 basis points in the previous meetings, breaking new ground after 28 years. Now, the Fed has increased the interest rate by 0.75 basis points again. Now all eyes are on the FED Chairman, who will make a statement at 21.30. The speech of the Fed Chairman will determine the direction of the markets.
Jerome Powell’s statements will be on everyone’s agenda as they contain signals for the monetary policy of the next period. Stay tuned to watch the FED President’s speech live!
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