The big news to come out of last week’s Federal Open Market Committee meeting was the group’s choice to forgo another rate hike.
Previously, the central bank had increased interest rates at every meeting since March 2022 (with 10 rate hikes in total). The June decision marks the Fed’s first rate pause in over a year.
Fed. Chair Jerome Powell revealed as muc ... Show More
Mar 2023
Hike #9, Winning AI, & the SEC’s Celebrity Targets 03/23/23
<p>The Federal Reserve announced <a href="https://www.cnbc.com/2023/03/22/fed-rate-hike-decision-march-2023.html">a rate hike of 25 basis points</a>, its ninth consecutive hike in the last year. Chair Jerome Powell softened his tone on the central bank’s aggressive hiking policy, ... Show More
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