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  1. #1
    Legendry Member milos's Avatar

    Interesr Rate Decision !!!

    Federal Open Market Community(FOMC) members vote on where to set the rate.Traders watch interest rate changes closely shortly.FOMC will do to support economic recovery,maximum employment and price stability.It is included inflation rate below 2% and unemployment rate will gradually decline.

  2. #2
    Senior Member LeeChang's Avatar
    Quote Originally Posted by milos View Post
    Federal Open Market Community(FOMC) members vote on where to set the rate.Traders watch interest rate changes closely shortly.FOMC will do to support economic recovery,maximum employment and price stability.It is included inflation rate below 2% and unemployment rate will gradually decline.
    The meaning of the FOMC statement is something like that: if the inflation is lower than 2% and the unemployment is high we will continue our bond buying program. If the inflation is rising at 2.5% or higher and the unemployment is steadily decreasing we will modify and restrict our buying program.

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