Federal Reserve January 2020 FOMC Interest Rate Decision Today – Gold Silver Reports

Powell outlook

The Federal Reserve is on deck to release its January 2020 FOMC interest rate decision today at 19:00 GMT. Details provided by the US central bank will likely be examined closely by market participants for clues on changes in language communicated by Fed officials regarding their relative hawkish or dovish leaning.

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Fed Raises Rates, Turns More Cautious on Outlook for 2019 Hikes

Interest Rate Cut

Following the decision, stocks erased gains, 10-year Treasury yields fell and the dollar bounced off its lows of the day. Investors may have been swayed by the Fed’s generally upbeat analysis and expectation of more rate increases than markets anticipate.

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Fed is Expected to Raise Interest Rates Wednesday

Fed is Expected to Raise Interest Rates Wednesday

The Fed is expected to raise interest rates Wednesday by a quarter point, and the pressure is on for Fed Chairman Jerome Powell to sound dovish — but not too dovish. Fed officials are also expected to revisit their fed funds rate forecasts and roll back some of the rate hikes expected in the next several years.

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Powell Says U.S. Labor Market ‘Very Strong’ by Many Measures

Federal Reserve Interest Rates

Gold Silver Reports (GSR)  — “Our economy is currently performing very well overall, with strong job creation and gradually rising wages,’’ Powell said in the text of a speech to be delivered to a housing conference in Washington on Thursday. “In fact, by many national-level measures, our labor market is very strong.’’

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