The latest FOMC meeting closed with a unanimous vote to hold the policy rate in the 5.25–5.50% range — a 23-year high and the fourth consecutive hold since late last year.

What traders need to watch

  • The next CPI print on Feb 14 will be the deciding factor for March
  • New dot plot signals 3 cuts this year, down from prior projection
  • USD Index reclaimed 104 territory, pulling XAU/USD back to test 2,030