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Forexlive Americas FX news wrap 26 Jul: Fed raises rates by 25 bps to 5.5%. 22-year high.

Fed takeaway: Powell wants to keep September in playWhat the Fed Chair said about various topics like employment, inflation, growth, policyUS stocks moving to the upside as Powell stresses data dependencyPowell Q&A: We're going to be going meeting-by-meetingPowell opening statement: The full effect of our tightening has yet to be feltThe full statement from the Fed July FOMC decisionFederal Reserve interest rate decision: 25 bps rate hike to 5.25-5.50%BOC minutes: Debated not hiking at the July... Read More

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Posted: Jul 26 2023, 21:01

Author Name: forexlive

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