Tag - central bank meeting

Fed's Next Rate Hike: What to Expect?
Fed's Next Rate Hike: What to Expect?

The US central bank will lift interest rates at its next meeting on Wednesday, July 27. We'll watch if the Federal Reserve goes with a 75-basis-point or a 100bp hike. Several factors influence the Fed's decision. In theory, the Fed's goal in using a rate hike tool is to tame inflation without causing a recession.

The Fed’s meeting will drive the USD
The Fed’s meeting will drive the USD

The Federal Reserve will release its statement and announce its interest rate decision at 21:00 MT time. Then, at 21:30 MT time, the central bank will hold a press conference.

Will the CAD strengthen more?
Will the CAD strengthen more?

The Bank of Canada releases a monetary policy statement with an update on the interest rate on June 9, at 17:00 MT time.

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