Pre-FOMC Intrest Rate Decision state of expectations

Global macro overview for 13/12/2017: 
Before the last meeting of the FOMC in 2017, everything indicates a third this year rate hike by 25 bps, from 1.25% to 1.50%. The two-day meeting of the Federal Open Market Committee (FOMC) ends on Wednesday 13 December with the publication of the decision on interest rates at 07:00 pm GMT. Together with the decision, the macroeconomic statement and forecasts will be published. The press conference of Fed chairman Janet Yellen is scheduled for 07:30 pm GMT. However, the market will be more interested in the prospects for monetary policy for the future. Economists expect the Fed to remain optimistic with hopes for inflation acceleration and a favorable impact of fiscal policy, maintaining the forecast of three hikes in 2018.

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Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

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