FOMC main decisions

FOMC main decisions 

Dec 18 2014 

Yesterday the market witnessed the release of the key event for this week. Concerning the FOMC monetary policy meting decisions and then the Fed governor Janet Yellen speech. In fact, Yellen said that raising interest rates may need more time.
The Fed also claimed that the U.S economic activity is expanding at a moderate pace, and labor market conditions improved further, however the inflation rate continues rate remain lower than the main target of the bank.
Then she concluded that the monetary policy decision depends on the economic data. So any disappointing data will keep interest  rates low, while if the data are higher than expectations it may push the Fed to raise  the interest rates sooner than market expectations.

To know more about our analysis and currencies reaction, join our Forum Trader for FREE!! http://forum-trader.com/en/
For more info, please visit our website on : http://www.capitol-academy.com/en/news_fx.html