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Fed Review – A Balanced End to the Hiking Cycle

Fed Review – A Balanced End to the Hiking Cycle
The Fed delivered a 25bp hike as widely expected by both consensus and markets. We think this marks the end of the Fed’s hiking cycle. Powell struck a very balanced tone in the press conference, not closing the door for another hike, but also emphasizing that policy is now clearly restrictive. EUR/USD was largely unchanged. […] The post Fed Review – A Balanced End to the Hiking Cycle appeared first on Action Forex... Read More
Posted: May 4 2023, 02:59
Author Name: actionforex
Views: 081898

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