Reuters data Fed sees no rate hikes in 2019, sets end to asset runoffThe U.S. Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slowdown, and saying it would halt the steady decline of
The Federal Open Market Committee will announce its interest rate decision, as its two-day meet concludes. A Reuters poll of economists showed the Fed will wait until the third quarter before raising rates. On the other hand, the future direction of the market will be a result of the Q&A after the announcement. The system are looking
Updating forecast are normal but when the ECB lowered growth by 35% is a big deal. EUR/USD MOVED to 1.12 on that update Third party data: ECB cuts the growth forecast for 2019 to 1.1% from previous forecast of 1.7%. ECB also cuts inflation outlook to 1.2% from 1.6%. https://www.reuters.com/article/us-ecb-policy-text/ecb-statement-following-policy-meeting-idUSKCN1QO1Q9



