The press conference of the Federal Open Market Committee takes place 30 minutes after the Fed's interest rate decision, and has two parts: a pre-prepared statement followed by open questions. Even if the Fed has left rates unchanged, or a change has been anticipated by the market, unexpected remarks during the press conference can still lead to a large market reaction.
Recent economic data has been broadly neutral for USD. The following recent announcements may affect the market reaction to FOMC Press Conference:
Country: | United States |
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Currency: | USD |
Source: | Federal Reserve |
Category: | Central Banks |
Frequency: | Irregular |