The FOMC announced that, as widely expected, the federal fund’s target range of benchmark interest rates has been left unchanged at 0% to 0.25%.
FOMC forecasts that gross domestic product will fall 6.5% in 2020 and unemployment will reach 9.3% at year’s end.
Market reaction is stock price, AUD, buy EUR, sell USD.
After this, Chairman Powell’s press conference.
https://youtu.be/frxpvIBcLiI
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