Subscribe To
Fed Powell leaves door open for June pause but rules out rate cut
US stocks, treasury yields, and Dollar closed lower following FOMC rate decision and post-meeting press conference. Although Fed opened the door for a possible pause in June, no confirmation was provided, and a rate cut by year-end was ruled out. Despite softening its hawkish tone, Fed Chair Jerome Powell did not explicitly confirm a pause […] The post Fed Powell leaves door open for June pause but rules out rate cut appeared first on Action Forex...
Read More
Posted: May 4 2023, 03:54
Author Name: actionforex
Views: 081848