17 December 2018
the FOMC (Federal Open Market Committee) holds eight regularly scheduled meetings during the year and announces US Federal Reserve’s decision on interest rates.
The next Fed interest rate decision announcement is scheduled on December 19th at 7pm GMT and is likely to cause high volatility on market.
Leading FreshForex analyst has commented on it as follows:
"Today Fed will raise the rate by 0.25% — Chicago Stock Exchange predicts 100% probability of such an outcome. However, traders are interested not only in today's decision, but also in announcements regarding the future rate hikes. Fed might give a signal about its fears of slowing economics growth. In 2019 Central Bank may only raise the rate twice. On Wednesday consider buying EURUSD, #SP500, #Google, #DJI30"
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