The Fed has announced its long-awaited interest rate decision.
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The Federal Open Market Committee (FOMC) did not make any changes in interest rates and announced that it kept the interest rate constant in the range of 0% – 0.25%.
FED members predicted two rate hikes until 2023 on the dot chart. While the number of members expecting an increase in 2023 was 7 out of 18 members, this time the number increased to 13.
US stock markets fell after the decision. Dollar/TL, which was in the 8.50 band, rose above 8.55.
US Federal Reserve Chairman Jerome Powell said in a statement after the meeting that “asset purchases will continue until significant progress is made”.
Powell also used the following statements:
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