While markets were waiting with anticipation, the US Federal Reserve announced its interest rate decision. The Fed decided to keep the policy rate steady in the 3.50 - 3.75 percent range at its meeting.
The US Federal Reserve (Fed) has announced the expected interest rate decision. In line with expectations, the Fed left the policy rate unchanged in the 3.5–3.75 percent target range.
Foreign exchange market remains quiet: All eyes on the Fed decision Foreign exchange market remains quiet: All eyes on the Fed decision
The ounce price of gold, which was hovering at 4,890 dollars before the Fed interest rate decision was announced, showed a limited downward trend after the decision was released.
News Source: 12punto
