Today is the FOMC Meeting Minutes day. FOMC stands for the Federal Open Market Committee. Every month FOMC Meeting is considered to an important event in the market. In the month of March this year, FOMC Meeting Minutes had one sentence that said FED will soon increase the interest rate made GBPUSD and EURUSD shootup… Continue reading Yellen Speech On Friday Is More Important Than Today’s FOMC Meeting Minutes
Tag: fed
The Ability To Pilot Economies By Central Banks Is In Doubt
Central banks are meeting more often now. But many experts now question the ability of central banks to pilot their economies. FED is being blamed by many experts for giving birth to past financial crisis. For example Alan Greenspan let the real estate bubble grow. He didn’t do anything to burst it. Bursting the real… Continue reading The Ability To Pilot Economies By Central Banks Is In Doubt