By Christopher Romano — Jan 29 - 02:06 PM
• Fed left rates unchanged as expected but removed statement on inflation
• Fed removed language saying inflation had made progress toward 2% objective
• US yields & US$ firmed on the language removal
• EUR/USD added to losses, traded down to 1.0399 on EBS, was down -0.29%
• Fed Chair Powell's presser is now in focus
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters