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The Weekly Bottom Line: Fed Lifts Policy Rate to a 16-year High

The Weekly Bottom Line: Fed Lifts Policy Rate to a 16-year High
U.S. Highlights The Federal Reserve hiked the policy rate 25 basis points this week, lifting it to a 16-year high of 5.00-5.25%. Changes in FOMC statement hinted at the potential for a pause, though Chair Powell stated that such a decision had not been made. The banking stress continues to fester, with this week marking […] The post The Weekly Bottom Line: Fed Lifts Policy Rate to a 16-year High appeared first on Action Forex... Read More
Posted: May 6 2023, 06:02
Author Name: actionforex
Views: 092049

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