Forecasts & opinions
The Fed released its interest rate decision yesterday. The Fed kept its monetary policy unchanged, saying that the slowdown in the global economy and low inflation expectations were main reasons for this decision.
FOMC members voted 9-1 to keep interest rates unchanged. Only Richmond Fed President Jeffrey Lacker voted to raise interest rate by 0.25%.
GDP for 2016 and 2017 were downgraded.
|remaining time till the new event being published|
- U.S., Japan may need more tools to shore up banking system - Fed's Rosengren
- UK must be clear what a no-deal Brexit would mean - Bank of England Governor Carney
- German output growth remains moderate in June - IHS Markit
- Eurozone composite PMI hits seven-month in June - IHS Markit