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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Fed Focus Shifts to Maintaining Growth Gains, Says Yellen

April, 11 2017
watermark Economic news

Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy approach from a post-crisis one to maintaining the US economy’s current growth gains. The FOMC board will now be aiming to implement significant easings within this year as the US economy comes close to attaining its goal of 2% inflation and full-fledged employment rates. In addition, Fed officials have already scheduled two more interest rate hikes within the year following the most recent rate hike last March.


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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.