The FOMC's meeting statement was slightly hawkish and notes from the meeting revealed the U.S. central bank upgraded its economic projections from December and expects the 2 percent inflation target to be met in the mid term.
Fed speakers are divided. Doves say it's a mistake to keep raising interest rates with low inflation. Hawks urged that waiting could be a bigger mistake and that inflation will catch up. Is a December rate hike is still on the table?
The US dollar is higher across the board against major pairs, but had a mixed performance Friday in the aftermath of the release of the US non farm payrolls (NFP) report. Here's what you need to know going into this week.