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6:00 PM · 22 March 2023

BREAKING: Fed hikes interest rates by 25 pb!

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Fed raised interest rates by 25 pb, in line with market expectations. Federal Reserve fund rate is at 5% percentage level now. 

  • Fed will maintaint it's QT. According to Fed job creation in US economy has accelerated.
  • Fed indicates that further increases may be appropriate
  • Fed shows one more rate hike this year and probably 75 bp rate cuts
  • Fed further attentive to inflation risks
  • Projections show for one more hike this year and a 75bp cut next year
  • Dollar loses, indices gain after decision

US500 is higher in first reaction after rate hike. Source: xStation5

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