Fed Live Coverage: Balance sheet in the balance

The Federal Reserve is set to leave its policy unchanged and send a message of “patience” regarding interest rates. That leaves the focus on the balance sheet reduction program. After Chair Jay Powell said that the balance sheet reduction would be on autopilot in December, he later opened the door to make changes in the program. What will the Fed say about it? The US Dollar is already weaker but perhaps did not fall enough. Or did it go too far?

Join our live coverage of the all-important rate decision and Powell’s press conference.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

View all posts by Yohay Elam