Fed Preview: What happened in the last June FOMC meeting?
|LFX analyst James Harte explains what was the outcome from the last Federal Reserve FOMC meeting in June. Be ready to July meeting after knowing what happened in the last one.
- Fed cautious ahead of Brexit referendum
- Warned that Brexit likely to damage US & global economies
- Growth forecast for remained of year revised lower
- Inflation forecasts for remainder of year revised higher
Reaction:
- USD sold off in response to meeting
Watch the full: July FOMC Rate Decision Preview & Live Market Analysis
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