The market has reacted in a hawkish way across the board after the FOMC decision.
The statement removed a line saying 'inflation has made progress' and that's given it more of a neutral message than the 46 bps priced into the market.
The reaction has been a roughly 25 pip rally in the US dollar, 15 points lower in the S&P 500 and 2 bps higher in yields.
That could easily be erased (or run further) on comments from Powell starting at the bottom of the hour. Watch live here:
This article was written by Adam Button at www.forexlive.com.Hence then, the article about us dollar climbs and equities fall after the fomc decision was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( US dollar climbs and equities fall after the FOMC decision )
Also on site :
- Human heads displayed at Ecuador tourist beach in warning to gangs
- Nazi salutes and drug cartels: Dutch mercenary recounts service with Kiev’s military
- Supermicro Announces Intelligent In-Store Retail Solutions in Collaboration with a Broad Range of Industry Partners