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Fed Sees Weaker Growth and Slow Inflation Rise; U.S. Indices at an On-and-Off Mode

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The two-day Fed monetary policy meeting that ended on Wednesday was unlikely to stoke much volatility to the greenback, as it wasn’t followed by a press conference as usual. The Fed left its interest rate unchanged and shifted to the wait-and-see mode for the next policy meetings.The FOMC statement said that it is “closely monitoring global economic and financial developments” while “assessing their implications for the labour market and inflation, and for the balance of risks to the outlook”.

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