Last night the US Fed followed through with expectations and raised the target range for the Federal Funds rate to 175-200 bps, but how did the announcement affect the markets? -
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The US Federal Reserve is expected to hike rates on Wednesday in a sign that the economy continues to improve. The Federal Reserve Open Market Committee (FOMC) has often spoken of a potential June hike and such a move would fall in line with previous statements. However, with a hike virtually guaranteed investors will be focused on how the US Central Bank characterises its monetary policy in the announcements expected tomorrow...
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The macroeconomic data and earnings releases for the forth coming financial week, from ETX Capital
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