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Thursday, May 30, 2024

USD – Fed Interest Rate Decision

Date

Mar 20 2024
Expired!

Time

8:00 pm - 8:00 pm
Home Events - Quantum Strikes Interest Rate USD – Fed Interest Rate Decision

The Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC) have equal authority to set interest rates in the United States. After receiving recommendations from one or more of the regional Federal Reserve Banks, the Board makes a decision on discount rate modifications. The FOMC makes decisions on open market activities, such as central bank money levels and the federal funds market rate.

A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.

The event is finished.

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