The Federal Reserve has approved a quarter-point interest rate hike, slowing the pace of its increases in a clear sign that the central bank is seeing progress in its fierce battle with inflation
The decision, at the conclusion of the Federal Open Market Committee’s first meeting of 2023, comes after months of jumbo-sized rate increases intended to cool the economy, and marks the return to a more traditional interest-rate policy.
“The Committee anticipates that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time,” they wrote. The extent of these “future increases,” they said will depend on a number of economic and financial factors. While those trends could make the case for slowing rate hikes after months of unusually aggressive action, the central bank is far from declaring victory.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Gold Price Forecast: XAU/USD bulls could emerge ahead of Federal ReserveThe Gold price has drifted lower for a third day and is testing structure as we head towards key events this week, including the Federal Reserve and t
Consulte Mais informação »
USD/JPY Price Analysis: Bears eye a test of 130.00 pre Federal ReserveUSD/JPY is under pressure in Tokyo but the bulls are moving in from a support area as the following charts will illustrate. Meanwhile, the US Dollar r
Consulte Mais informação »
State of Our Union: The Federal Reserve cannot save the economy from Biden's White HouseOn its face, the economy seems to be OK again. After an unprecedented glut of spending and a resulting inflation crisis, employment has kept up while investors downgrade their risk of recession.
Consulte Mais informação »
Stock futures tick lower as traders await the Federal Reserve's latest rate hike decisionHere's how stocks are trading ahead of the Federal Reserve's Wednesday meeting.
Consulte Mais informação »
Gold Price Forecast: XAU/USD fades rebound ahead of Federal Reserve Interest Rate DecisionGold price (XAU/USD) struggles to extend the previous day’s recovery beyond $1,930-28 as the market braces for the key Federal Reserve (Fed) verdict o
Consulte Mais informação »
Federal Reserve raises key interest rate 0.25%, signals more hikes likelyWhile there are some signs inflation is decelerating, officials warn that the Fed isn't likely to back off its rate hikes anytime soon.
Consulte Mais informação »