Monitor US FOMC Member Schmid's speech for insights on future rate decisions, crucial for Forex and equity markets.
Members of the Federal Reserve's FOMC meet to determine the nation's key interest rates, often providing hints about future monetary policy during their public appearances.
What it Measures
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Usual Effect
A more hawkish tone than anticipated typically benefits the currency.
Source & Frequency
Federal Reserve Bank of Kansas City (latest release) - https://www.kansascityfed.org/
How Data is Derived
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Also Known As
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Acronym
Federal Open Market Committee (FOMC)