Today, as expected, the Federal Reserve left the target interest rate 1.75-2.00%. Analysts at RBC Capital Markets the few changes in language in the statement “leaned hawkish, a sign the next rate increase isn’t far off.” Key Quotes: “Today’s Fed meeting was fitting for the lazy days of summer””no rate change and only minor tweaks to the policy statement reflecting the latest data. Chair Powell will be conducting press conferences after all eight FOMC meetings starting next year, but for now these interim meetings continue to be non-events.” “The few changes in language today leaned hawkish, a sign the next rate increase isn’t far off.” “Looking ahead to September, the case for a hike is strong.” “Tariffs remain a risk to the outlook, though the Fed’s scant mention of trade issues today speaks to their limited impact thus far. Some caution might be warranted if tensions ratchet up significantly, but for now a strong domestic backdrop and sizeable fiscal boost argue for less accommodative monetary policy.” “We expect two more rate increases over the second half of the year, and look for 100 basis points of hikes in 2019 as well.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EOS Technical Analysis: EOS/USD forms a descending wedge pattern, a breakout to the upside looks possible as bulls look for relief rally FX Street 5 years Today, as expected, the Federal Reserve left the target interest rate 1.75-2.00%. Analysts at RBC Capital Markets the few changes in language in the statement "leaned hawkish, a sign the next rate increase isn't far off." Key Quotes: "Today's Fed meeting was fitting for the lazy days of summer"”no rate change and only minor tweaks to the policy statement reflecting the latest data. Chair Powell will be conducting press conferences after all eight FOMC meetings starting next year, but for now these interim meetings continue to be non-events." "The few changes in language today leaned hawkish, a sign the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
