United States Fed Interest Rate Decision came in at 0.25%, below expectations (0.5%)

Mar 16, 2022

NZD/USD retraces from daily highs to 0.6800 ahead of the Fed

The New Zealand dollar jumps from daily lows and so far is gaining some 0.53%, amid a positive market mood, ahead of the FOMC monetary policy decision

Breaking: Fed lifts Fed funds target rate by 25bps to 0.25-0.50% as expected, signals more hikes to come

The US Federal Reserve announced on Wednesday that the Federal Open Market Committee (FOMC) had voted to lift the Federal Funds Rate (FFR) target rang