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FOMC Hikes Rates and Signals Yet More to Come
Summary As universally expected, the FOMC raised its target range for the federal funds rate by 25 bps at the conclusion of its policy meeting today. But the tightening cycle likely is not over yet as the FOMC noted that it “anticipates that ongoing increases in the target range will be appropriate.” The FOMC said […] The post FOMC Hikes Rates and Signals Yet More to Come appeared first on Action Forex...
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Posted: Feb 2 2023, 06:25
Author Name: actionforex
Views: 110894