With all the "talk" of diverging paths of monetary policy... one could be forgiven, if glancing at the chart above, for thinking the inevitable endgame of Keynesianism is very much at hand as first The BoJ, then The Fed, then Europe all enter ZIRP... and now NIRP... the source
2014-10-29 18:00 GMT (or 19:00 MQ MT5 time) | [USD - Federal Funds Rate] past data is 0.25%forecast data is 0.25%actual data is 0.25% according to the latest press release if actual > forecast (or actual data) = good for currency (for USD in our case) [USD - Federal Funds Rate] = Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight. Short term interest rates are the ...