7:00 PM · 1 May 2024

BREAKING: Fed keeps rates unchanged. QT tapering

EUR/USD
Forex
-
-
US500
Indices
-
-
  • Key rate kept unchanged at 5.5% in line with expectations. 
  • Fed announced QT tapering. Fed decided to cut treasury runoff cap to $25B (previously QT pace was at $60B), keeps MBS cap at $35B. Tapering starts June 1st. 
  • Fed points that there has been a lack of further progress towards inflation objective, and market sees the first possible cut in November.
  • Fed sees solid pace of GDP growth and stresses that job gains have remained strong.

The greenback is under pressure (however, a pullback was rather short-lived) as the committee decided to begin QT tapering from June. On the other hand, the Fed pointed that there is no progress in achieving inflation objective and the market sees that the first cut will be possible in November. '

 

8 October 2025, 7:06 PM

BREAKING: EURUSD Slightly lower on FOMC minutes! 🚨

8 October 2025, 3:36 PM

BREAKING: Oil stocks grow more than expected!🔥

8 October 2025, 9:57 AM

Chart of the day: EURUSD (08.10.2025)

8 October 2025, 8:09 AM

Economic calendar: Market eyes FOMC minutes (08.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits