Federal Reserve Raises Rates 25bps as Expected, Removes Additional Firming May be Appropriate

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #56677
    TradersCom
    Keymaster

    Fed minutes of the latest FOMC meeting

    Actions taken to calm conditions lowered near-term risks, allowing them to judge a hike as appropriate
    Several participants noted they considered whether it would be appropriate to leave rates unchanged
    Several participants noted wage growth was still well-above rates consistent with 2% inflatio ntarget
    Participants assessed that labor demand is substantially exceeding supply
    Generally saw inflation risks tilted higher
    Tightening credit was likely to weigh on demand, which could help inflation
    Little evidence pointing to disinflation for core services excluding housing
    Fed staff forecast a mild recession

    #55381
    TradersCom
    Keymaster

    The Federal Reserve raised rates by 25 bp to a target range of 5.00-5.25% in unanimous vote at their April meeting as expected. Market Fed futures pri
    [See the full post at: Federal Reserve Raises Rates 25bps as Expected, Removes Additional Firming May be Appropriate]

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.