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What is an interest rate decision

by admin

Resolution refers to the decision on the benchmark interest rate made by the relevant authorities after discussion at the meeting.

Interest rate decisions are generally discussed by central banks.

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In America, for example, interest rate decisions are made by default.

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Traditionally, eight rate-setting meetings are held each year, and four of them include a press conference announcing changes to the benchmark, or official, interest rate.

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The United States is attracting the most attention in the financial market due to its leading role in the global economy.

If the Fed decides to lower or leave rates unchanged, and the dollar is generally weak, precious metals and crude oil prices, which are negatively correlated with the dollar, are likely to rise.

On the other hand, if the Fed decides to raise interest rates, the dollar will rise and oil and precious metals prices will likely fall.

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