September FOMC: Federal Reserve raises interest rates for the first time in 2023
The Federal Reserve announced on Wednesday that it has raised its benchmark interest rate for the first time in over three years. This decision was driven by ongoing inflation concerns, particularly due to rising energy prices. In a unanimous vote, Fed officials adjusted the federal funds rate from a range of 3.5% to 3.75% to […]
The Federal Reserve is anticipated to raise interest rates by 25 basis points during the FOMC meeting.
Federal Reserve’s Interest Rate Decision Could Impact Treasury Yields On Friday, Josh Hirt, a senior economist at Vanguard, noted that the Federal Reserve’s decision to maintain interest rates during its September meeting might lead to a rise in Treasury yields. As the Fed prepares for a significant monetary policy meeting this week, there is widespread […]
Looking ahead to next week: FOMC Minutes will be in focus
On Friday, the US Dollar Index (DXY) continued its downward trend, sinking below the 100.00 mark for the first time in four years, largely due to a series of disappointing economic indicators from the US. The preliminary Michigan Consumer Confidence Survey for August dropped to 51 from 55.2, noticeably missing expectations, and this decline capped […]
July FOMC: Fed maintains stable interest rates
Kevin Warsh has assessed the Federal Reserve’s recent policy actions, particularly addressing inflation, interest rates, and the trajectory of the U.S. economy. This article discusses the Fed’s interest rate decision made in July 2026, and updates will follow as more information becomes available. The Federal Reserve announced on Wednesday that it would maintain interest rates […]
Fed Chair Warsh eliminates future guidance at initial FOMC policy meeting
Federal Reserve’s Concerns on Inflation Grow Under Warsh’s Leadership Kevin Mahn, president and CIO of Hennion & Walsh Asset Management, recently expressed his thoughts on the Federal Reserve’s future direction under Chairman Kevin Warsh, particularly regarding inflation calculations and the way the Fed communicates its monetary policies. The latest minutes from the Federal Reserve’s monetary […]
US Dollar: Positive trend expected to continue until FOMC
TD Securities analysts highlight that a significant weakness in the UK’s Consumer Price Index (CPI) led to initial weakness in the US dollar (USD). However, they anticipate that the dollar’s overall upward trend will persist, particularly leading up to the upcoming Federal Open Market Committee (FOMC) meeting. They stress that any new guidance from the […]
USD/CAD Price Outlook: Buyers look for a breakthrough at 1.3770 near the 200-EMA before FOMC Minutes
The USD/CAD pair saw a spike in demand on Wednesday, climbing to the 1.3765-1.3770 range during the early European session, approaching levels not witnessed since mid-April. This upward movement seems to result from a mix of supportive elements, as traders await insights from the FOMC minutes for potential new direction. The U.S. dollar has been […]
Canadian Dollar remains weak close to a five-week low against USD as attention turns to FOMC Minutes
The USD/CAD pair saw some bullish activity during the Asian session on Wednesday, staying above the 1.3775 mark—the highest level since mid-April reached yesterday. Current spot prices are lingering just above mid-$1.3700, supported largely by the robust US dollar. The USD index (DXY), which reflects the dollar’s strength against a range of currencies, reached its […]
Fed maintains interest rates as Powell’s term nears its end: April FOMC
Federal Reserve Keeps Interest Rates Steady Jerome Powell is set to hold what could be his final press conference as the chair of the Federal Reserve next month. On Wednesday, the central bank decided to maintain its interest rates amid growing concerns that inflation could escalate due to ongoing conflicts in the Middle East. The […]
Forex Today: FOMC Minutes support ‘higher-for-longer’ while markets assess the ceasefire
Here’s what you need to know on Thursday, April 9th. The dollar index (DXY) has been hovering around 99.10, bolstered by a flight to safe assets as US trading wrapped up. This comes as expectations grow that the US Federal Reserve (Fed) will remain cautious with monetary easing. Following the latest Federal Open Market Committee […]