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Powell opening statement: Since last year, we have significantly raised interest rates

Powell opening statement: Since last year, we have significantly raised interest rates
The full effects of our policy have yet to be feltNearly all policymakers view some further rate hikes this year as appropriateThe labor market remains very tightInflation has moderated somewhat since the middle of last yearInflation still has a long way to goIf the economy evolves as expected, the median of participants sees 5.6% fed funds target at year-endWe will continue to make our decisions meeting-by-meetinThe US dollar rose on the Fed statement but gave a bit back in the opening statemen... Read More
Posted: Jun 14 2023, 18:32
Author Name: forexlive
Views: 102863

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