All attention to the Federal Reserve at 18.00 London time today.
Today, on Thursday, at 18.00 London time, the Fed will publish a decision on rates and a statement on the US economy.
What to look at?
First – will the rate increase? Most experts believe – it will not increase, they will leave it at the level of 2.00-2.25%.
Second, what will be seen from the statement – will the rate be raised further or will they go on hold?
How to understand this? From what will be emphasized: on the risk of accelerating inflation (accelerating wage growth, prices of goods and assets) or the risk of slowing economic growth? In the first case, they will further increase; in the second – they will stop.
This year, the Fed will hold another meeting on December 18-19, the decision will be released on December 19, at this meeting, the Fed will publish a new forecast for the state of the economy and rates – this forecast comes out twice a year.
The material has been provided by InstaForex Company – www.instaforex.com