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FOMC Raises Rates by 25 bps But Signals “Hawkish Pause”
Summary As widely expected, the FOMC raised its target range for the fed funds rate by 25 bps today. The Committee has now hiked rates by 500 bps since March 2022, the fastest pace of monetary tightening since the early 1980s. The FOMC “remains highly attentive to inflation risks,” and Chair Powell noted in his […] The post FOMC Raises Rates by 25 bps But Signals “Hawkish Pause” appeared first on Action Forex...
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Posted: May 4 2023, 02:54
Author Name: actionforex
Views: 111661