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Forexlive Americas FX news wrap 3 May: Damn the Fed hike. USD/rates move lower after hike

US stocks are starting to retreat a bit. Powell says "not appropriate to cut rates"Powell Q&A: We will be driven by incoming data, meeting by meetingPowell opening statement: Looking ahead, we'll take a data dependent approachA comparison of the March 2023 vs May 2023 FOMC StatementFull statement from the FOMC May 2023 rate decisionFederal Reserve hikes rates by 25 basis points, as expectedWhat's priced in for the FOMC ahead of today's rate decisionAttack on Kremlin risks escalation of Ukraine w... Read More

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Posted: May 3 2023, 20:35

Author Name: forexlive

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