United States Fed Interest Rate Decision meets forecasts (1%)

May 4, 2022

AUD/USD traders get set for the Fed

At 0.7145, AUD/USD is 0.7% higher on the day after rallying from a low of 0.7088 to a high of 0.7154. The Australian dollar has continued to outperfor

Breaking: Fed hikes by 50 bps, begins balance sheet reduction from June

The US Federal Reserve announced on Wednesday that the FOMC had agreed to raise the target range for the federal funds rate by 50 basis points to 0.75