Monthly Archives: July 2023
Fed Officials Emphasise Higher Interest Rate Needed
Written on July 27, 2023 at 2:54 am, by jonywang
Markets are now assessing the hawkish outlook against visibly cooling inflation Several Federal Reserve officials have expressed the view that interest rates need to be raised further this year in order to bring inflation back to the targeted rate of 2%. Despite this hawkish sentiment from the Fed, the market is inclined to believe thatContinue Reading