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What's the verdict on the Fed policy decision?

What's the verdict on the Fed policy decision?
The Fed tried to deliver on its commitment to keep rates higher for longer, but did it work? I reckon the jury is still out on this one.Fed chair Powell fell short of committing to a July rate hike, as you would expect, and reaffirmed that the next meeting will be a 'live' one. There were some minor tweaks to the statement and forward guidance but ultimately, the Fed is just opening the door to be flexible i.e. it can either continue "skipping" or hike again next month.However, the infamous dot... Read More
Posted: Jun 15 2023, 04:42
Author Name: forexlive
Views: 081292

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