US Dollar interest rates dominate domestic and international finance.  The overnight Fed Funds rate generally follows a target set by the Fed Open Markets Committee chaired by Janet Yellen.  From the outside this committee can seem rather obscure and difficult to read, which has lead to a pocket industry of economists and analysts reading the tea leaves of officials’ statements and the economic statistics published.  My explanation of the process and things to watch out for is here.  I think the most important element is spotting when a voting member of the committee makes a comment which shows a change in stance on rate setting, i.e. if a more conservative (hawk) member views cutting rates favourably or a more liberal (dove) thinks that rates need to rise.  These terms are relative, in reality the US economy is not guided by Chávestas.