Federal Reserve decided to cut interest rate by 25 bp to 2.00% from 2.25% in line with market expectations.
Additionally dot plot shows that 7 FOMC members see one more cut this year, however median drops only to 1.9%. Dollar is stronger after the decision.
Daily summary: CPI reading hits markets, hawkish Fed and Wall Street selloff
⬇️EURUSD pulls back ahead of CPI
📊Economic Calendar - Key US CPI Report in the Shadow of Geopolitical Tensions (10.11.2026)
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