FOMC Statement

FOMC Statement

The US Federal Reserve is not expected to change the federal funds rate at November meeting. Market players are looking forward to a rate hike in December, and this time there will be no press conference of the central bank to announce headline decisions. 
Never the less, the Fed will publish a statement at 20:00 MT time on November 1, which may contain hints on its further actions after December. Traders will await the release and it will have a significant impact on the USD.

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