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EBZT / Fed pauses rate hike cycle but 'dot plot' suggests more increases are coming this year
The Federal Reserve left its June meeting without raising interest rates after 10 consecutive rate increases. The Federal Open Market Committee (FOMC) unanimously kept its key borrowing target range at 5% to 5.25%, instead opting to take the weeks until its next meeting on July 25-26 to evaluate whether to raise rates again.
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Posted: Jun 14 2023, 14:51
Author Name: Proactive Investors
Views: 112558
EBZT News
By Proactive Investors
June 14, 2023
Fed pauses rate hike cycle but 'dot plot' suggests more increases are coming this year
The Federal Reserve left its June meeting without raising interest rates after 10 consecutive rate increases. The Federal Open Market Committee (FOM more_horizontal