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Posted inForex

FOMC Hikes Rates 25 bps As Expected, Leaves Open Further Hike Expectations

Posted by By 01/02/2023

The Federal Reserve has stuck to its previously stated pace with a 25bp rate hike that lifted the benchmark range to 4.50-4.75 percent. The in-line rate change generated volatility for the Dollar and S&P 500 emini futures, but markets were seeking more clarity on the forecast.

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