Jerome Powell

The Federal Open Market Committee is the entity at the Federal Reserve that makes monetary policy decisions, and so the opinion of its twelve members is important to consider when trying to figure out what the Fed might do in the future.… Read More

Following a heavy wave of risk-off trading at the end of last year, risk sentiment was boosted on Friday as US Federal Reserve chairman Jerome Powell gave a statement which appeared to highlight that the Fed will remain on hold for the time… Read More

The U.S. Federal Reserve concluded its two-day monetary policy meeting last week. As widely expected, the central bank raised the benchmark interest rate by a quarter point. However, the central bank lowered its forecasts on future rate… Read More

As was widely expected, the Fed lifted rates for a fourth time at the December FOMC meeting which concluded yesterday. However, as we warned during our special “Trading The FOMC” webinar last night, the Dollar sold off as the Fed gave a… Read More

The US Dollar has traded lower over the last 24 hours following comments from US Fed chairman Jerome Powell who told investors that the headline US interest rate is now “just below” the neutral rate. Speaking at the Economic Club of New… Read More

Growth “Strong” As expected, following the last .25% rate rise in June, the Fed kept policy unchanged at its August meeting with a statement that was mostly unchanged from last time. However, the statement did contain a few subtle but… Read More

Daily Forex Market Preview, 28/11/2017 The markets were seen trading rather mixed with the U.S. dollar identified as weakening. The euro briefly rallied to 1.1950 levels while gold prices rose close to the 1299 handle. On the economic… Read More

The ICE Futures US dollar index closed bullish this week, with prices settling on Friday at 95.73, marking a 2-month high. The dollar was supported by broadly improved fundamentals from the US and hawkish rhetoric from FOMC members over the… Read More