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Markets mutted as FED hikes by a quarter

EURUSD News by Newsroom on 14:03 September 26, 2018 EST
First reactions to the new FED interest hike is quite muted as EURUSD, GBPUSD, USDJPY and the US Stock indices remain flat after the announcement.

The Fed raises rates for the third time this year, as expected, while signaling another increase in 2018.

Nine Fed officials voted to raise interest rates today. For the 6th Fed meeting in a row, no Fed officials dissented from today's decision to raise short-term interest rates.

The FED Removed from the statement the paragraph relating to monetary policy remaining accommodative supporting a return to 2 percent inflation.