Fed Interest Rate Decision
Cut Bank | Updated: March 17, 2024 01:58 AMLocation: United States
Address: Osby Municipality, Sweden
Date: 20 March
The Federal Reserve (Fed) deliberates on monetary policy and makes a decision on interest rates at eight pre-scheduled meetings per year. It has two mandates: to keep inflation at 2%, and to maintain full employment. Its main tool for achieving this is by setting interest rates – both at which it lends to banks and banks lend to each other. If it decides to hike rates, the US Dollar (USD) tends to strengthen as it attracts more foreign capital inflows. If it cuts rates, it tends to weaken the USD as capital drains out to countries offering higher returns. If rates are left unchanged, attention turns to the tone of the Federal Open Market Committee (FOMC) statement, and whether it is hawkish (expectant of higher future interest rates), or dovish (expectant of lower future rates).
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Frequently asked questions
Where is Fed Interest Rate Decision in Cut Bank?
United States, Osby Municipality, Sweden
When is Fed Interest Rate Decision in Cut Bank?
Fed Interest Rate Decision is scheduled for 20 March.
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