Economy in this challenging time thereby promoting its maximum employment and price stability goals. Yesterdays minutes triggered a rally in the US Dollar and a selloff in metals.
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Catalyst watch for next week.
Fomc news. US Dollar Index stays above 9300 after edging lower on FOMC. FDA action dates catalysts and other events for. USDJPY remains on track to end the second straight day in the positive territory.
The minutes of regularly scheduled meetings are released three weeks after the date of the policy decision. 2 days agoEither way Powell and the rest of the FOMC will likely attempt to decouple the dot plot from any updates on the Feds approach to tapering its 120 billion-a-month pace of asset purchases. When it meets on Sept.
Kitco News - Technical analyst Rajan Dhall MSTA has a look at the technical level on the gold futures chart after the price drop following the FOMC meeting minutes. The FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. - Gold and silver prices are solidly higher in early US.
The commodity complex has been a weak spot recentlyThe FOMC minutes deepened the losses. FedEx and Nike report FOMC watch IPO blitz. 1 day agoThe Federal Reserve is committed to using its full range of tools to support the US.
If rates remain unchanged attention and also main news and analysis turn to the tone of the FOMC Federal Open Market Committee statement and whether the tone is hawkish or dovish over future. The FOMCs minutes indicated that a majority of the FOMC members believed it was time to start thinking of normalizing the monetary policy and think of tapering the bond buying program that was put in place. Track economic announcements with forecast and actuals to help your trading and investment decisions.
Get caught up in minutes with our speedy summary of todays must-read news and expert opinions. The Federal Reserve the central bank of the United States provides the nation with a safe. Links to policy statements and minutes are in the calendars below.
21 and 22 the Federal Open Market Committee FOMC will likely continue to weigh whether it should buy fewer bondsor if it should continue to. Board of Governors of the Federal Reserve System. The precious metals bulls are deeming Wednesday afternoons FOMC conclusion as market-friendly.
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