Rate Hopes Lower Despite Strong US Data, FOMC Restated Monetary Policy Data Dependent

The uneventful FOMC meeting diminished rate hike expectations, paring gains of US dollar and Treasury yields. FOMC voted unanimously to leave its policy rate within a target range of 0.50-0.75%. Policymakers reiterated that risks are "roughly balanced".

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/rate-hopes-lower-despite-strong-us-data-fomc-restated-monetary-policy-data-dependent-2017020234189/