The Federal Open Market Committee, or FOMC, just wrapped up its two-day meeting. As expected, the federal funds rate remained the same, but that doesn’t mean that nothing significant happened. In fact, some potentially dovish language has been added to the committee’s statement, which may reduce the probability of further interest rate hikes.
next fed meeting on interest rates
Gold Prices Slip Focus Shifts to Fed Decision
Gold Silver Reports (GSR) – Spot gold was down 0.3 percent at $1,278.92 per ounce at 0630 GMT, while U.S. gold futures fell 0.4 percent to $1,280.70 an ounce.
FOMC Meeting Schedule 2019 – Gold Silver Reports
FOMC (Federal Open Market Committee) Meeting Schedule / Calender 2019
Fed Meeting Calender 2019
Fed Keeps Interest Rates Unchanged; Signals No More Increases Likely This Year
The Federal Reserve expressed increasing concern about slowing economic growth as it left interest rates unchanged on Wednesday and showed little appetite for raising them in the near future.
Gold Settles with a Loss as Investors look to the Outcome of the Fed’s Meeting
Gold settled with a loss on Monday, giving up earlier modest gains as traders looked ahead to the outcome of the Federal Reserve’s meeting.