7:06 PM · 3 November 2021

❗ US500 hits record on Fed taper decision

US500
Indices
-
-
EUR/USD
Forex
-
-

The Federal Open Market Committee (FOMC) has just announced its latest monetary policy decision. The US central bank left interest rates unchanged as expected. However, a long-awaited QE tapering announcement has finally arrived. Fed said that tapering will begin in November and purchases will be reduce at the pace of $15 billion per month ($10 billion in Treasuries and $5 billion in MBS). Central bank said that it is ready to adjust the pace of tapering if needed. USD weakened after the announcement with EURUSD spiking briefly above 1.16. Stock indices moved higher - US500 hit 4,360 and DE30 reached 15,960 pts.

Market attention now turns to the press conference of Fed Chair Jerome Powell (start at 6:30 pm GMT). Powell will explain the decision in detail and reasoning behind first and later will answer journalists' questions. 

US500 jumped following the FOMC decision announcement and reached a new all-time high near 4,630 pts. Source: xStation5

15 October 2025, 1:32 PM

BREAKING: NY Empire better than expected; EURUSD muted 📌

15 October 2025, 12:23 PM

Precious metals at record highs: Gold and Silver shine as the Fed ends its Tightening Cycle

15 October 2025, 10:45 AM

Fed Collins remarks on monetary policy and US economy🏛️EURUSD gains 0.2%

15 October 2025, 10:27 AM

IMF raises its global growth outlook, supported by the AI-driven investment boom 🔎

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