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The fed's decision to raise rates and falling oil prices will strengthen the U.S. dollar



Today will be a long-awaited event - the FOMC meeting, which will discuss the issue of changes in interest rates.



15.Mar.17 2:02 AM
By Swan
Photo Toinnov.com

   419

The fed's decision to raise rates and falling oil prices will strengthen the U.S. dollar
At the moment, many players are saying about the rate increase as something self-evident. However, if we examine the question, we find out that the tightening of monetary policy, the fed is extremely rare: in the last 10 years rates have risen only twice in 2015 and 2016. And last year, the regulator hinted at a repeated rate increase, but despite investors ' expectations, did it once, and then at the end of the year. Plans for 2017 is quite ambitious: the FOMC once again hinted at the systematic tightening of the policy, and change bet it was planned as much as 3 times.

In the USA the situation is as follows: unemployment is very low, new jobs are being created on a regular basis, wage increases, and due to the huge number of positive news and speculation about the positive effect on the economy of tax reforms a new President, American assets settled on the maximum values in history. All of this leads experts to expect an early rate hike.

Crude oil on Tuesday fell after the publication of the report of OPEC, who pointed out the inability of OPEC to fight against the growth of shale oil from the United States using measures to lower production of crude oil. News about increasing oil production, Saudi Arabia also contributed to the fall in oil prices. North sea oil of mark BRENT by the end of trading in Russia fell by 1.11% to $ 50,78 a barrel.

West Texas WTI fell by 1.63% to $ 47.61 per barrel.



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