All forecasts and opinions on 18 March 2016

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18.03.2016

WEEKLY REVIEW: the U.S. dollar is likely to remain under pressure

The Fed released its long-awaited interest rate decision this week. The Fed kept its monetary policy unchanged but lowered its interest rate hikes, economic growth and inflation forecasts. The Fed said at its March monetary policy meeting that interest rate will be 1.00% by the end of the year, down from 1.50% in December. It means that Fed officials expect the Fed to raise its interest rate twice this year. The U.S. economy is expected to expand 2.2% this year, down from the previous estimate of 2.4%, while inflation is expected to be 1.2%, down from the previous estimate of 1.6%.

Konstantin Meinhardt

Quotes

	Symbol	Bid	Ask	Time
	AUDUSD
	EURUSD
	GBPUSD
	NZDUSD
	USDCAD
	USDCHF
	USDJPY
	XAGEUR
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	XAUUSD

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