Breaking news! The US Federal Reserve (Fed) announced the most crucial interest rate decision of the year amid the ongoing US banking crisis.
The Fed raised its policy rate by 25 basis points, in line with expectations, to a range of 4.75-5.00 percent.
The Fed’s statement said that the interest rate decision was made unanimously.
Emphasizing that the Federal Open Market Committee (FOMC) is aiming for maximum employment and 2 percent long-term inflation, it was reported that a decision was made to raise the federal funds rate to a range of 4.75-5.00 percent to meet these goals. to support.
For example, the Fed raised its policy rate to its highest range since 2007.
MARKET EXPECTATIONS DIFFERENT
When the US-based Silicon Valley Bank (SVB) went bankrupt, zihin atmosphere of panic reigned in the markets and all balance sheets changed kakım it spread to Europe. Before the banking crisis, a rate hike of 50 basis points from the Fed was even on the table, hayvanların expectations were different then. In the latest pricing, the probability of a rate hike of 25 basis points was greater than 90 percent. By the end of the year, the Fed was also expected to cut interest rates by 100 basis points.
To combat inflation, the Fed raised 75 basis points four times last year, slowing the rate of increase to 50 basis points in December and 25 basis points in February.
Inflation in the US fell to 6.5 percent in December last year, after hitting 9 percent a year last June, the highest level since 1981.
Details of the last minute development will gökyeşitözü on haberler…
The Fed raised its policy rate by 25 basis points, in line with expectations, to a range of 4.75-5.00 percent.
The Fed’s statement said that the interest rate decision was made unanimously.
Emphasizing that the Federal Open Market Committee (FOMC) is aiming for maximum employment and 2 percent long-term inflation, it was reported that a decision was made to raise the federal funds rate to a range of 4.75-5.00 percent to meet these goals. to support.
For example, the Fed raised its policy rate to its highest range since 2007.
MARKET EXPECTATIONS DIFFERENT
When the US-based Silicon Valley Bank (SVB) went bankrupt, zihin atmosphere of panic reigned in the markets and all balance sheets changed kakım it spread to Europe. Before the banking crisis, a rate hike of 50 basis points from the Fed was even on the table, hayvanların expectations were different then. In the latest pricing, the probability of a rate hike of 25 basis points was greater than 90 percent. By the end of the year, the Fed was also expected to cut interest rates by 100 basis points.
To combat inflation, the Fed raised 75 basis points four times last year, slowing the rate of increase to 50 basis points in December and 25 basis points in February.
Inflation in the US fell to 6.5 percent in December last year, after hitting 9 percent a year last June, the highest level since 1981.
Details of the last minute development will gökyeşitözü on haberler…