CEE MARKETS-Currencies firm ahead of Fed rates decision
December 11, 2019 at 05:56 AM EST
Central European currencies firmed on Wednesday, gaining on expectations that the U.S. Federal Reserve would leave rates unchanged with a hawkish tone. The Fed is expected to leave its federal funds rate unchanged at a level between 1.50% and 1.75% when it ends a two-day policy meeting on Wednesday. Fed Chair Jerome Powell is also expected to reiterate the rate will likely remain at that level through much, if not all, of 2020. By 0950 GMT the Polish zloty