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FOMC minutes reveal larger rate hike considered, banking developments held back aggressive action

FOMC minutes reveal larger rate hike considered, banking developments held back aggressive action
FOMC minutes from the March 21-22 meeting revealed that committee members acknowledged inflation remaining significantly above the 2% target and a tight labor market, suggesting that “additional policy firming may be appropriate.” Some participants even considered a 50 basis point increase in the target range, but due to potential banking-sector developments impacting financial conditions and […] The post FOMC minutes reveal larger rate hike considered, banking developments held back aggressive... Read More
Posted: Apr 13 2023, 03:58
Author Name: actionforex
Views: 082030

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