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Channel: Weak Data From Abroad Propels US Dollar: Jan. 9, 2025 | Traders' Insight
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Today It’s the FOMC’s Turn

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Like them or not, the folks at the Federal Reserve had some foresight when it came to planning today’s meeting.  The FOMC meets eight times a year, so most meetings are six weeks apart with results on Wednesdays.  Rather than making an interest rate decision while markets were digesting the results of a Presidential election, the Fed helpfully pushed it forward to today. 

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