Home » Economy » “The Fed’s Key Rates Increase and “Pivot” Decision – What You Need to Know”

“The Fed’s Key Rates Increase and “Pivot” Decision – What You Need to Know”

2023-05-07 12:01:40

The Fed has opted for a further 25 basis point increase in its key rates, the federal funds, in the 5%-5.25% range. And, in all likelihood, the US central bank, the Federal Reserve, will leave it at that. It will no longer increase its key rates in the future. A situation that analysts call the “pivot”!

The next monetary policy committee, on June 14, should therefore take a break. This is at least the message sent in a half-word, Wednesday evening, the president of the American monetary institution.

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