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Fed Powell Puts a 50bps March Hike Firmly on Radar, GBP/USD Tests 2023 Lows
Key takeaways Fed Chair Jerome Powell acknowledged that the pace of quarter-point interest-rate increases is not set in stone, and a faster tightening of rates may be warranted if economic data indicates it is necessary. Powell’s follow-up testimony tomorrow will be his last scheduled public remarks on interest-rate policy before the Fed’s next meeting, March […] The post Fed Powell Puts a 50bps March Hike Firmly on Radar, GBP/USD Tests 2023 Lows appeared first on Action Forex...
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Posted: Mar 8 2023, 04:48
Author Name: actionforex
Views: 082157