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  • Writer's pictureKeon

How to analyze the FOMC data

Updated: Mar 21

The FOMC statement and economic projections are gonna be released in a few minutes. The rate is likely to stay unchanged. So, the main news is the change in dot plot or/and economic projections.

Here is the previous dot plot, any more dots shifting to upside in 2024 will be hawkish.

Similarly, any changes in economic projection for inflation, GDP, unemployment, etc. especially for 2024 and 2025 will affect forex market significantly. Here is the previous projection:

Please note that Keon Consultancy uses these ideas in Forex Account Management / Fund Management; however, it doesn't post all the ideas used in trading.


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