At the end of each FOMC meeting, the Fed releases a short statement outlining its current take on the state of the economy. About every six weeks, its Federal Open Market Committee (FOMC ...

The dollar today fell back from Wednesday’s 4-month high on profit-taking ahead of the FOMC meeting results later this afternoon when the Fed is expected to cut the fed funds target range by -25 bp.

The Federal Reserve’s policy rate range was cut by 25bps as widely expected. The duck-and-weave tone of most of the press ...