Breaking: Fed lifts Fed funds target rate by 25bps to 0.25-0.50% as expected, signals more hikes to come

The US Federal Reserve announced on Wednesday that the Federal Open Market Committee (FOMC) had voted to lift the Federal Funds Rate (FFR) target rang
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EUR/USD drops to test prior day's closing price on stronger US dollar, hawkish Fed

EUR/USD has dropped to 1.0947 after the Federal Reserve has raised the benchmark interest rate by 25 basis points, in line with expectations. This was
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