FOMC Statement Wed 28 2015

FOMC Statement Wed 28 2015

Jan 27^th 2015

All the investors’ main attention turns this week to the FOMC meeting which starts today and the decisions will be released tomorrow..

The FOMC meeting for Jan 27-28 is expected to leave interest rates unchanged.

And traders are waiting when the first rate changes  may occur amid rising worries about weak global economic growth, the falling oil prices, and slowing consumer prices inflation.

Also the investors will be looking to see how the Fed will react to the European Central banks massive stimulus plan, especially after Thursday announcement of stimulus package from the ECB.

Today, the Euro recovered slightly after the sharp decline to its lowest level in 11 years.

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