Central Bank Watch
Federal Open Market Committee Left Interest Rate Target Unchanged after 9-2 Vote
July 30, 2025
This week’s FOMC meeting revised the characterization of recent economic activity from “a solid pace” to having “moderated during the first half of the year.” Characterizations of the labor market (a low jobless rate and solid conditions otherwise) and of inflation (somewhat elevate) were not changed. The decision to maintain the interest rate target of […] More
New Overnight Developments Abroad - Daily Update
GDP Reports and Interest Rate Decisions
July 30, 2025
The dollar strengthened from Tuesday closing levels ahead of the Federal Reserve’s interest rate announcement due within the hour and amid preliminary second-quarter GDP releases that showed faster growth in the United States but slower expansion in Europe. Dollar gains have amounted so far to 0.8% against the Australian dollar and South Korean won, 0.7% […] More
