United States Fed Interest Rate Decision in line with expectations (0.75%)

Dec 14, 2016

Fed raises rates by 25 bps; first hike in a year

The Federal Reserve said on Wednesday that it would hike the benchmark interest rate by 25 basis points (target range of 0.50% - 0.75%); a decision...

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Dec 14, 2016

EUR/USD tumbles on hawkish Fed dot plot chart

The EUR/USD pair is taking a beating after the Fed hiked rates by 25bps as expected, but surprised markets via hawkish interest rate projections for 2

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