The Federal Open Market Committee (FOMC) has just announced its latest monetary policy decision. The US central bank left interest rates unchanged as expected. The tapering pace increased from $ 15 billion per month to $ 30 billion per month, as expected by analysts. Dot plot signals three hikes in 2022 and three in 2023. Market attention now turns to the press conference of Fed Chair Jerome Powell (start at 7:30 pm GMT). Powell will explain the decision in detail and reasoning behind first and later will answer journalists' questions.
EURUSD fell after Fed decision and tested 1.1260 level. Source:xStation5
Daily summary: Banks and tech drag indices up đźŹUS industry stays strong
Three Markets to Watch Next Week (16.01.2026)
US OPEN: Bank and fund earnings support valuations.
MIDDAY WRAP: Capital flows into European technology stocks 💸🔎