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The interest rate decision issued by the US Federal Reserve September 18, 2024 21:00
4 and a half hours left from now 🔴🟢🧐…???
The current interest rate range on the dollar has reached 5.25 and 5.5%, which is the highest in 23 years as a result of the inflationary pressures that the US economy is going through, which forced it to adopt tight monetary policies that it is currently trying to address the consequences of through quantitative easing policies, which are likely to be activated during the current US Federal Reserve meeting.
The business community in the United States fears a decline in the interest rate on the dollar after the US Federal Reserve meeting announced a reduction of 0.25 or even 0.5%, because global demand for the US currency will be affected by the reduction, of course, so that the dollar declines in favor of other global currencies.