FederalReserve Keeps up Hawkish Stance Against Inflation -
Open a demo account to test your knowledge or take advantage of low minimum deposits to try your strategies in a real account. Don't wait to take advantage of today's volatility!due to the persistently high levels of inflation, many members of the FOMC warned that a loosening of monetary policy would prove to be counterproductiveThe FOMC decided to slow down the pace of rate escalation in December with an increase of 0.5% to 4.5%, after four successive 0.75% rises in interest rates.
Statistics recently revealed that annualized inflation had fallen for the fifth consecutive month down to 7.1%. It had also fallen by a substantial 0.6% from the data for November in month-on-month terms.as its members are still showing a high level of concern about persistently elevated prices.The major United States stock markets reacted encouragingly to the details of the FOMC meeting being disclosed.trading at 3,852 following a rise of 0.
“The parents say 'no,' but the market keeps asking because the parents have caved in the past. The market still thinks it's going to get ice cream, just not as soon as they thought before."Against the Japanese Yen the US Dollar also made gains, withThe Dollar did not perform so well against the Euro, as the US Dollar fell by 0.12% against that currency.
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