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
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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