No Major Surprises From Fed; ECB Decision Ahead

We didn’t get much in the way of a surprise from the Fed on Wednesday.

Tasty cake with flag on bunch of paper dollars

Image Source: Pexels


We didn’t get much in the way of a surprise from the Fed on Wednesday. The central bank went ahead and raised rates by 25 basis points as widely expected, while at the same time, still not giving up on the possibility for additional rate hikes in 2023.

Video Length: 00:01:10


More By This Author:

Pound Under Pressure On Soft Inflation Data
Risk Off Flow Post Hawkish Communication From Fed Minutes
Activity To Pick Back Up As U.S. Returns

STOCKS IN THIS ARTICLE

Also Mentions:

Comments