{"id":13990,"date":"2021-06-16T09:15:04","date_gmt":"2021-06-16T09:15:04","guid":{"rendered":"https:\/\/errante.com\/?p=13990"},"modified":"2021-06-16T09:15:38","modified_gmt":"2021-06-16T09:15:38","slug":"what-to-expect-from-the-fed-today","status":"publish","type":"post","link":"https:\/\/errante.com\/newsroom\/what-to-expect-from-the-fed-today\/","title":{"rendered":"What to Expect from the Fed Today?"},"content":{"rendered":"\n
The Federal Reserve will on Wednesday release a new set of economic projections.\u00a0<\/strong><\/p>\n\n\n\n Policymakers will also update their views on when the Fed should raise its benchmark short-term interest rate from the current near-zero level, with markets focused on whether the core group of central bank officials shift a first expected rate increase into 2023 from 2024, where it stood as of the last round of projections in March. <\/p>\n\n\n\n This week\u2019s two-day meeting is likely to mark the start of what the Fed hopes will be a smooth and gradual exit<\/a> from the policies put in place to fight the pandemic, with its $120 billion in monthly asset purchases eventually reduced and then eliminated over time, followed later by a slow climb in interest rates. <\/p>\n\n\n\n The interest rate projection is the most sensitive forecast of the meeting and is likely to affect USD currency pairs and metals. <\/p>\n\n\n\n Have your trading charts ready for to capitalise on any price movements. <\/p>\n\n\n\n If you have any questions, please email our Education Centre<\/a>.<\/p>\n\n\n\n If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email support@errante.com<\/a>.<\/p>\n\n\n\n We are Errante. Trading made personal<\/strong>.<\/p>\n\n\n\n Errante is regulated by the Seychelles Financial Services Authority (FSA) under license number [SD038<\/a>].<\/p>\n\n\n\n