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Federal Reserve holds rates unchanged: Statement highlights

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 27, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Highlights of the FOMC statement on January 27, 2016: - Fed funds left in 0.25-0.50% range - Repeats economy to warrant only gradual rate rises - Assessing global developments for its balance of risk view The US dollar has been choppy in the initial going. There's a nod to financial market developments and the 'closely monitoring' bit is a signal to markets that the Fed is will take care not to raise rates soon.

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