The Fed published a decision on the interest rate, leaving it at the same level of 2.5%, which surprised the markets. In a statement by Jerome Powell, it was revealed that given the current inflation rates and the situation on the labor market, no changes are required. Therefore, in the current year we will not see an increase in the interest rate; some even suggested that it is possible to reduce the rates. This event shook the markets and caused the dollar index to fall immediately to almost 70 points and the yield of treasury bonds fell to its lowest level in more than a year.
In many pairs with the dollar we observed increased volatility and a strengthening relative to the reserve currency.
Prices for commodity futures on the New York Stock Exchange rose during yesterday's trading session and oil quotes approached their highs.
