The Federal Reserve was expected to leave the rates unchanged at 0.25% to 0.50%, update the dot-plot regarding rate hikes and give an assessment about the economy.
Update: 5 Dovish Points in the Fed Decision
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FOMC Background
Financial conditions and inflation have improved, but wage growth remains slow and so does growth in general.
It is the first press conference and the first forecasts since the historic rate hike in December. The Fed left policy unchanged and remained cautious in January.
Here are some previews:
- Long USD Into FOMC: Here Is The Best Risk-Reward Trade – Goldman Sachs
- 3 Main Themes To Watch In Next Week FOMC – BofA Merrill
- Two more FOMC previews – Get ready
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