Will the Fed remove patience? And if so, what does it mean? We are already seeing movements across the board towards the event. The dollar is weakening. The Federal Reserve was expected to remove the word “patience†regarding interest rate hikes, thus paving the way for a hike as early as June. Yellen’s recent testimony seemed to be a preparation for this, and the NFP may have cemented it.
Follow a live coverage of the all-important FOMC meeting here:
Chief Analyst at FXStreet Valeria Bednarik and I will be covering the Fed decision on Wednesday, March 18th, from 17:45 GMT.
More: Keep Buying The USD; EUR/USD Set To Break Below Parity – RBS
