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FOMC Day, Look Out for Fed Chair Powell’s View on Inflationary Expectations

FOMC Day, Look Out for Fed Chair Powell’s View on Inflationary Expectations
Current slowdown in inflationary growth has led to lower odds of another Fed Funds rate hike after today’s FOMC. Inflationary expectations measured by US breakeven inflation rates have started to tick higher since the end of May, in line with the 19% rally seen in WTI crude oil futures. If rising inflationary expectations are left […] The post FOMC Day, Look Out for Fed Chair Powell’s View on Inflationary Expectations appeared first on Action Forex... Read More
Posted: Jul 26 2023, 08:03
Author Name: actionforex
Views: 080847

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