Fed's Yellen: Growth has picked up somewhat, but remains low
|Additional headlines coming from Fed's Chairwoman Janet Yellen, via Reuters, as she speaks during the FOMC press conference:
- Has not seen much evidence that expectations of fiscal policy changes have driven changes in consumer or business spending
- Altering views based on actual inflation
- Not targeting financial conditions
- Credibility hasn't been impaired
Market updates post-FED:
AUD/USD backs away from session highs after Fed delivered a hawkish rate hike
USD/CHF rises to 3-day highs after FOMC decision
Yellen defends the hawkish rate hike, EUR/USD surrenders gains
NZD/USD eases from 4-month highs during Yellen's presser
US Dollar spikes toward 97 on hawkish Yellen
USD/JPY recovers further with Yellen
GBP/USD downside eyes a break of 1.2720 post FOMC
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