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FOMC Skips June, But Signals Hikes Not Done Yet

FOMC Skips June, But Signals Hikes Not Done Yet
Summary As widely expected, the FOMC decided unanimously to refrain from raising rates at today’s meeting. However, the Committee continued to say that “additional policy firming” may be appropriate. Furthermore, the median dot for 2023 shifted up by 50 bps. That is, most FOMC members believe that another 50 bps of tightening may be appropriate […] The post FOMC Skips June, But Signals Hikes Not Done Yet appeared first on Action Forex... Read More
Posted: Jun 15 2023, 04:57
Author Name: actionforex
Views: 081247

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