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Federal Reserve Unanimous On Future Rate Hikes

Tony Nash, CEO, Complete Intelligence

06-Jul-23 07:00

Federal Reserve Unanimous On Future Rate Hikes

According to the latest Federal Open Market Committee (FOMC) minutes, policymakers unanimously agreed to keep the target range of the Fed Funds Target Rate (FFTR) unchanged at 5.00%-5.25%, maintaining their stance to achieve the 2% inflation target. We speak with Tony Nash, CEO, Complete Intelligence, to get his views on the minutes and the expected FOMC move in July.

Image by: Shutterstock

Produced by: Mike Gong

Presented by: Shazana Mokhtar, Mark Tan, Wong Shou Ning


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Categories:  internationalmarketseconomy

Tags:  fed funds target ratefederal open market committee (fomc)international markets





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