The Federal Open Market Committee (FOMC) shapes the United States economy and the global economic landscape. By making decisions on interest rates and monetary policy, the FOMC has far-reaching implications within Forex trading. In this article, we will explore the importance of the FOMC. The FOMC is the entity for making monetary policy decisions within …
The Consumer Price Index (CPI) is a tool used to track changes in the prices of consumer goods, which in turn helps measure the inflation rate of an economy. The CPI holds value in the finance community as it offers valuable insights into short-term and long-term market impacts. Generally, the CPI is determined by considering …