7:00 PM · 14 June 2023

BREAKING: FOMC keeps rates unchanged!

EUR/USD
Forex
-
-
US500
Indices
-
-
GOLD
Commodities
-
-

FOMC announced its latest monetary policy decision today at 7:00 pm BST. There was no surprise - rates were held unchanged with Fed Funds rate remaining in the 5.00-5.25% range. This was the first time in 15 months when the Fed decided to keep the level of interest rates unchanged.

A new set of economic projections showed a higher GDP growth forecast for 2023 as well as lower unemployment rate. However, Fed sees less progress on core inflation than it did in March projections. When it comes to dot-plot, median end-2023 rate forecast increased to 5.6% while end-2024 rate forecast is 4.6%

Investors' attention now turns to the press conference of Fed Chair Powell, which is scheduled to begin at 7:30 pm BST.

FOMC sees higher rates than it did in March projections as well as higher GDP growth and slower progress on core inflation. Source: Federal Reserve

June dot-plot. Source: Federal Reserve

24 October 2025, 7:00 PM

Daily Summary: CPI down, Markets Up

24 October 2025, 4:00 PM

US OPEN: Macroeconomic data sends markets to new heights

24 October 2025, 3:09 PM

BREAKING: Final US UoM consumer sentiment drops🗽Inflation expectations higher

24 October 2025, 2:46 PM

BREAKING: US PMI above expectations! 📈🔥EURUSD declines!

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