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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 March Hike Not Possible, But June Hike Still on the Table

May, 03 2017
watermark Economic news

Members of the financial industry are no longer expecting the Federal Reserve to push through with their previously cashed-in interest rate hike at the central bank’s two-day monetary policy meeting which will be concluding this coming Wednesday. However, investors will be looking for possible clues on a chance of another interest rate hike from the Fed this coming June during the central bank’s next policy meeting. The Fed is expected to implement two more benchmark interest rate hikes within the year, although the  bank’s officials are not expected to detail a specific timetable for the said rate hikes.


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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.