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Thursday 02, February 2017 by Jessica Combes

Fed acts on facts, not assumptions

Investors hoping for more clarity on the path of US interest rates were disappointed on Wednesday after the Federal Reserve left the fed funds target unchanged at 0.5–0.75 per cent, and refrained from providing any further indications on the timing of the next hike, according to Hussein Sayed, Chief Market Strategist at FXTM.  

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