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In an interview with Sky Business News on December 17, Dr Vincent Grégoire discussed why expectations of an increase in USA interest rates were higher than ever since the GFC. He says markets are now expecting important policy announcements on days with press conferences.

Researchers from the University of Melbourne, Arizona State University and the University of British Columbia have found that Federal Open Market Committee (FOMC) meetings with press conferences are considered by the market to be more important than those without.