Fx Primus Rebates

FOMC holds rates at 1.00%-1.25%

No change from the Federal Reserve, as expected As widely expected, the FOMC opted to leave the Fed funds rate in the range of 1.00% to 1.25%. – Economic activity rising at “solid rate” despite storms There were no changes whatsoever in the paragraph on guidance. Copyright 2015 Forexlive.com

Fx Primus Rebates

For reference: The prior FOMC statement

The statement released Sept 20, 2017 Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have remained solid in recent months, and the unemployment rate has stayed low. Household spending…

Fx Primus Rebates

The odds of a hike today are absurdly low

Fed funds futures pricing in just a 0.3% chance of a hike The Fed really only has four meetings a year. The initiative to hold a press conference after every second meeting was designed to add transparency and clarity but instead it’s hamstrung the Fed into only having the option of hiking rates four times…

Fx Primus Rebates

FOMC preview: Views from 10 firms

Federal Reserve interest rate decision previews from 10 banks The following are brief expectations for the FOMC November 1st policy statement as compiled from the related notes of 10 sell-side strategy and research desks. Copyright 2015 Forexlive.com