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

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

Pin It on Pinterest