Following the Fed’s less hawkish announcement of its 25 bp interest rate hike on Wednesday, the price of silver surges upward. The Federal Open Market Committee Announcement noted “some additional policy firming,” and the dot plot median indicated one more hike. As a result, the Fed’s decision was largely anticipated.Prior …

FOMC Chairman Jerome Powell comments on the policy outlook after the Federal Reserve’s decision to raise the policy rate by 25 basis points to the range of 4.75-5% following the March policy meeting. Key Quotes “We have the tools to protect depositors when there is the threat to economy, and …

In its policy statement, the US Federal Reserve dropped the reference to “ongoing increases” and said that some additional policy firming may be appropriate.The US Dollar Index sharply fell in an initial reaction to FOMC decision and was last seen losing 0.59% on the day at 102.579. Fed Policy Statement …

The US Fed announced on Wednesday that it raised the policy rate, federal funds rate, by 25 basis points to the range of 4.75-5% following the March policy meeting. This decision came in line with the market expectation. Summary of Economic Projections, known as the dot plot, will shape how …

Prior to the Fed’s interest rate decision at 1400 ET/1800 GMT, the EUR/USD pair is seeing supply at the 1.08 barrier. Fed futures with implied inflation are pricing in a 25 basis point increase. The pair is trading at 1.0792 at the time of writing., up 0.25%. The market will …

The Fed is expected to hike interest rates by 25 basis points. The dot plot, or Overview of Economic Projections, will influence how the markets respond. The FOMC must strike a balance between dealing with inflation pressures and financial issues. The likelihood of a 25 bps increase this week is …

Gold is trading at $1946.97 at the time of writing. If the Fed pauses their rate hiking campaign – then they will lose any credibility they had left. However, if the Fed cuts rates – that will look like a panic move, which could spark a bigger crisis.Gold price reaction …

Wall Street indexes rose sharply on Tuesday ahead of the Federal Reserve decision, led by shares of regional banks. First Republic stock rose 29%. The Dow Jones gained 0.98%, and the Nasdaq advanced 1.58%. Banking fears keep easing, paving the way for more tightening from central banks. US Treasury Secretary …

At the conclusion of its two-day meeting on Wednesday, the US Federal Reserve may attempt to shock the banking system back to life and avert a developing financial crisis by keeping interest rates unchanged. Jerome Powell As well as other senior officials have frequently assured the public that their drive …

Ahead of the March policy meeting of the Federal Reserve, the EUR/USD remains stable above the 1.0740s. Policymakers at the ECB have remained preoccupied with banks and avoided discussing monetary policy. Traders anticipate a 25 basis point rate increase by the end of the FOMC’s March meeting, which is on …