🚨 **FED DECISION JUST IN — MARKET REACTION** 🇺🇸
The Federal Reserve System has **raised the Federal Funds Rate by 25 bps**, taking the target range to **3.75%–4.00%** in today’s FOMC decision. The vote was **12–0**. Reuters+1
🎙️ **Fed Chair Kevin Warsh:**
> “Inflation trends were not passing the test”
Warsh also said the Fed took action to achieve a **“timelier return” to price stability**, indicating that inflation remains a major concern. Reuters+1
📊 **Initial market reaction:**\
• 💵 USD — slightly stronger\
• 📈 US yields — relatively steady\
• 📈 Equities — modestly higher initially\
• 🥇 Gold — watching USD/yields closely\
• ⚠️ Further Fed tightening remains possible depending on incoming inflation & economic data. Reuters
🔥 **Key takeaway for FX traders:**\
The headline is not just the **25 bps hike** — **Warsh’s inflation commentary \+ future rate path** will be crucial for USD pairs and Gold.
**Watching:**\
$DXYZ.US
#FOMC #FedRateWatch #Forex #Gold #MarketUpdate
The Federal Reserve System has **raised the Federal Funds Rate by 25 bps**, taking the target range to **3.75%–4.00%** in today’s FOMC decision. The vote was **12–0**. Reuters+1
🎙️ **Fed Chair Kevin Warsh:**
> “Inflation trends were not passing the test”
Warsh also said the Fed took action to achieve a **“timelier return” to price stability**, indicating that inflation remains a major concern. Reuters+1
📊 **Initial market reaction:**\
• 💵 USD — slightly stronger\
• 📈 US yields — relatively steady\
• 📈 Equities — modestly higher initially\
• 🥇 Gold — watching USD/yields closely\
• ⚠️ Further Fed tightening remains possible depending on incoming inflation & economic data. Reuters
🔥 **Key takeaway for FX traders:**\
The headline is not just the **25 bps hike** — **Warsh’s inflation commentary \+ future rate path** will be crucial for USD pairs and Gold.
**Watching:**\
$DXYZ.US
#FOMC #FedRateWatch #Forex #Gold #MarketUpdate