Announcement of Policy Rate in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The Federal Open Market Committee (FOMC) meets eight times a year to determine U.S. monetary policy. Following each meeting, the FOMC announces its decision regarding the policy interest rate. The policy interest rate is the rate set by the Federal Reserve (FRB) to maintain the health of the economy and has a broad impact on financial markets.
When the policy interest rate is lowered, borrowing costs decrease, potentially leading to increased spending by consumers and businesses. Conversely, when the policy interest rate is raised, borrowing costs increase, potentially restraining spending by consumers and businesses. These decisions are based on economic indicators such as inflation, unemployment rates, and economic growth.
This data serves as a reference for policymakers to evaluate the current state of the economy and to formulate appropriate monetary policies. Additionally, it is a crucial source of information for businesses and investors to understand interest rate trends and to make informed economic forecasts.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
