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Fed set to hold rates; December hike fully priced

The Federal Reserve is expected to keep the Fed funds rate steady at 3.75–4.00% at its upcoming policy meeting on Wednesday, with a December hike virtually fully priced in. The US Dollar maintains a well-supported stance across global FX markets.

Original · FXStreet AI summary of public reporting
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At publication → Current
SP5007,626 → 7,678+0.7%
EUR1.12 → 1.119−0.1%
JPY157.31 → 157.37+0.0%
Fed set to hold rates; December hike fully priced | SignalHub