WickCheck / Trading school / FOMC rate decision
FOMC rate decisionFOMCBeginner
The US Federal Reserve's interest rate decision, eight times a year at 14:00 New York time.
What it means
The statement at 14:00 is followed by a press conference at 14:30, and both can move markets. Many intraday traders stop trading on FOMC afternoons.
How to spot it
- Eight scheduled meetings a year, decision day is a Wednesday.
Common mistakes
- Judging the move before the press conference.
Related terms
Economic calendarThe schedule of data releases and central bank decisions that move markets.…CPIThe main inflation number. Higher than expected usually means higher rates for l…High-impact newsReleases that historically cause large, fast moves.…
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Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.