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Focus on FOMC policy statement: Moltke-Leth
The US Federal Reserve hiked interest rates by 0.25%, but did the announcement contain any nuggets of detail? Christoffer Moltke-Leth, director of global sales trading at Saxo Capital Markets, Singapore, explains.
He also discusses how the market reacted to a decision that was approved with a 9-1 vote on the FOMC. Neel Kashkari, the head of the Fed's regional bank in Minneapolis, cast the dissenting vote.
02:39 minutes
Tags: christoffer moltke-leth, fomc meeting, saxotrader, saxotradergo, tradingfloor.com, us federal reserve
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