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Will the Fed disappoint markets and send USD higher? LIVE

The Federal Reserve is set to leave the interest rate unchanged but may hint of upcoming rate cuts. Fed Chair Jerome Powell has said that they will “act as appropriate” and probably drop the “patient” language. The central bank will publish the dot-plot in which they project where rates will be next and also forecasts for growth and inflation outlooks. The announcement will be followed by a press conference held by Powell.

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Yohay Elam

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.