FOMC Goes for a Summer Hike

<p>Summary The FOMC raised its target range for the fed funds rate by 25 bps today. The move was widely expected by financial markets and economists. The Committee has hiked its policy rate by 525 bps since March 2022. The post-meeting statement was little changed from the previous statement released in June. The Committee characterized [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/511693-fomc-goes-for-a-summer-hike/">FOMC Goes for a Summer Hike</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>