Expects to end asset purchases at next meeting FOMC will continue to have a target range for Fed funds rate rather than a single point Pace of tightening to depend on economy (may be faster or slower dependant on economy … Continue reading
Economy continuing to make progress towards Fed’s goals Fed sees progress towards maximum employment Sees gradual progression jobs objectives Labour market has yet to fully recover Sees significant underutilisation of labour resources (usual dovish comment) Economic activity expanding at moderate … Continue reading
For immediate release Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. On balance, labor market conditions improved somewhat further; however, the unemployment rate is little changed and … Continue reading
Central banks play a critical role in forex market trading by changes in policy that can impact money flows. The U.S. Federal Reserve Bank and others often purchase assets in the open market and directly impact interest rates through quantitative easing. Central banks can change expectations and decisions on interest rates banking institutions lend to each other depend on each country's economic outlook. Get the most updated real-time central bank news from the United States, the U.K. the Euro zone, Africa, the Americas and Asia daily at ForexLive.com. See the ForexLive.com economic calendar and find the most relevant economic data events that can impact currency pairs you trade. Central Bank decisions can move markets, be the first to know by checking our real-time forex updates daily.