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FOMC Statement Revives December US Rate Hike Hopes

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Fed Adds “Next Meeting” to its October FOMC statement The Federal Reserve used the penultimate Federal Open Market Committee (FOMC) meeting to send a strong signal on the possibility of a rate hike in December. The October FOMC statement was a 93 percent match from September, but there was a lot to ponder on the 7 percent difference: The Fed has upgraded the rate of household and business spending from moderate to solid. The slowdown in the job market was acknowledged but overall the

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