Get Started 74% of retail CFD accounts lose money Read Review. With the Federal Reserve, Bank of Japan, and Bank of England decisions behind us, attention is shifting back to interest rates, the U.S. dollar, and the geopolitical backdrop. The Bank of Japan also raised rates, but the decision was not unanimous.
The Federal Reserve announced a 0.25% interest rate hike on Sept. 16, raising its benchmark interest rate into the 3.75% to 4% range. "The plain fact is that inflation is too high, and has been for too long," new Fed Chairman Kevin Warsh said after the announcement. Inflation has remained above the Fed' s 2% target for more than five years, worsening since the start of the…
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