Highlights of the January 2018 US Fed FOMC monetary policy meeting 31 January 2018

  • Prior 1.25% – 1.50%
  • Inflation to rise this year (change of language from inflaiton expected to remain below 2% in near-term)
  • Risks to outlook appear roughly balanced
  • Labour market continued to strengthen
  • Economy warrants further gradual increases in rates

Apart from that minor change, there’s not a lot here. USDJPY fell to under 109.00 but has bounced back to 109.38.

FOMC Dec/Jan statement comparison


Ryan Littlestone

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