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Fed Powell leaves door open for June pause but rules out rate cut

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

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