FED holds interest rates in 2.25 – 2.50% range

Federal Reserve issues FOMC statement

Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Growth of household spending and business fixed investment slowed in the first quarter. On a 12-month basis, Read more

FED leaves rates unchanged

Federal Reserve issues FOMC statement

Information received since the Federal Open Market Committee met in January indicates that the labor market remains strong but that growth of economic activity has slowed from its solid rate in the fourth quarter. Payroll employment was little changed in February, but job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Read more

The FED left interest rate unchanged at its first meeting of 2019

The Fed left its benchmark interest rate unchanged at its first meeting of 2019, a decision that was widely expected. What surprised markets was the indication that rates, which are in a range of 2.25 percent to 2.5 percent, may stay put for some time.

The Fedโ€™s chairman, Jerome H. Powell, said economic growth remained โ€œsolidโ€ and the central bank expected growth to continue. But in a sharp reversal of the Fedโ€™s stance just six week ago, Mr. Powell said the Fed had โ€œthe luxury of patienceโ€ in deciding whether to raise rates again.ย  Read more

Could we see the EUR/USD at 1.00 in 2019

I haven’t been analyzing public for more then a year as I decided to quit writting about my view, but the EUR/USD seems so interesting that I just have to write something about it and hear your oppinion. If you participate in the currency market, you know that most of the analysts predicted the possible parity during the EUR/USD 2014/2015 fall, but not before the pair reached 1.0600/500. Also, if you have followed my analysis at that time, you all know that I have found the bottom of that fall exactly at the 1.0500 level on March 11. 2015 in my blog.

But now, when noone see this possibility, I maybe see it technically and fundamentally. Read more

Fed hikes rate and lower 2019 projection to 2 increases

Federal Reserve issues FOMC statement

Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly, while growth of business fixed investment has moderated from its rapid pace earlier in the year. On a 12-month basis, both overall inflation and inflation for items other than food and energy remain near 2 percent. Indicators of longer-term inflation expectations are little changed, on balance. Read more