PropMarketCapFRESHMacroeconomics and central banks
Two voted for a hike, but the Fed rate today is 3.75-4%: the yen weakens, USD/JPY 158.50
On the evening of October 28, the Fed left the rate at 3.75-4%, although US inflation is still above the 2% target. The decision was not unanimous: two votes went for a 0.25 percentage point hike - a rare picture that immediately pushed currencies in different directions.