The Fed decides tonight: what time it lands in Asia, why a hold is priced in and the one word that could move your currency
The Fed announces its decision at 2 p.m. Eastern on 28 October, 1 a.m. in Bangkok and Jakarta. A hold is priced near 94 percent with rates at 3.75 to 4.00 percent, but 3.7 percent inflation keeps December alive.
Market Authority7 min read