Following a 2-day meeting, the Federal Open Market Committee announced today that the central bank will hike the benchmark interest rate by 25 basis points to the target range of 1.75% - 2% as widely expected.
Analysts at TD Securities offered the changes between May 2, 2018 and June 13, 2018 FOMC meetings as follows:
Changes between May 2, 2018 and June 13, 2018 FOMC meetings
Market now await Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, who is slated to deliver his comments on the monetary policy in a press conference at 18:30 GMT.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.