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Fed ‘dot plot' shows slower pace of rate increases

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 17, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The Day So Far The Fed delivered the ‘dovish’ hike with aplomb last night, announcing as expected a 0.25% rise in interest rates but offsetting what would normally be considered a hawkish move by lowering the ‘dotplot’ – the FOMC members’ projections of where rates will be headed for the next three years. This was a much-hyped event with real potential for a policy error which could stop the ‘Santa’ equity rally dead in its tracks, but Yellen handled the press conference well and markets were

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