The Fed: ‘Decidedly less hawkish’: 4 takeaways from Powell’s press conference as Fed hikes rates again

The Federal Reserve on Wednesday approved a quarter-percentage-point hike in interest rates to a range of 4.5%-4.75%. That was the smallest rate hike in a year, and one that had been telegraphed by many Fed officials. In addition, the Fed’s statement left in language that it saw “ongoing increases…

#federalreserve #jeromepowell #powells #tmubmusd10y #spx #dxy #carltannenbaum #northerntrust #derekholt #scotiabank