FOMC kept the federal funds target rate unchanged at 0.25%- 0.50%

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Market Movers Following the FOMC meeting last night, this week’s long list of central bank meetings continues with three meetings on the agenda today. We expect Norges Bank to cut its key rate by 25bp to 0.50% at the rate-setting meeting. We expect the rate path to be revised down, to a policy rate of 0.30% from Q4 16, indicating a c.80% probability of another rate cut before Q4 16. We expect the Bank of England (BoE) to maintain the Bank Rate and the stock of purchased assets at 0.50% and

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