The US Federal Reserve on Wednesday announced that it had lifted the policy rate, federal funds rate, by 75 bps to the range of 2.25-2.5%. This decision came in line with the market expectation.
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फेड पूर्वानुमान: अमेरिकी केंद्रीय बैंक को एक और 75 आधार अंक वृद्धि पर सहमत
फेड पूर्वानुमान: मई के बाद से सबसे बड़ा साप्ताहिक लाभ पोस्ट करने के बाद सोना स्थिर रहा क्योंकि निवेशकों ने सख्त अमेरिकी मौद्रिक नीति और आर्थिक मंदी पर चिंताओं की संभावनाओं को तौला।
100 bps July 2022 Fed Rate Hike on the Table
Fed Rate Hike: Despite the looming recession risks, markets are wagering a 100 bps rate hike in July, as Fed will likely fight the inflation monster head-on. The Bank of Canada’s (BOC) unexpected 100 bps lift-off also favors hawkish Fed tightening expectations. The Fed sentiment is leading the way so far this Thursday, weighing negatively on the Gold (XAUUSD) pair.
फेड जुलाई में 50 या 75 आधार अंकों की बढ़ोतरी का समर्थन
फेड नीति निर्माताओं ने यह अनुमान लगाना जारी रखा कि फेड फंड की दर में चल रही बढ़ोतरी उचित होगी, और जुलाई में 50 या 75 आधार अंकों की बढ़ोतरी का समर्थन किया
FOMC June Minutes Outlook: FOMC will release the minutes of the June policy meeting on Wednesday, July 6.
FOMC Outlook: The US Dollar Index (DXY), which tracks the greenback’s performance against a basket of six major currencies, surged above 106.00 and reached its highest level in nearly two decades on Tuesday. The widening policy divergence between the US Federal Reserve and other major central banks, especially the European Central Bank, continues to boost the dollar. Additionally, the currency capitalizes on safe-haven flows with investors growing increasingly worried about a global recession.
Fed Forecast for July Month: Powell revives Expectations for a 50 bps hike
Fed Forecast for July Month: Gold remains on track to post weekly losses. Next week, FOMC Chairman Jerome Powell will testify before Senate on Wednesday. If Powell suggests a 50 basis points (bps) rate hike in July, the yellow metal could gain traction, FXStreet’s Eren Sengezer reports.
The Fed does not want to induce a recession but is there any choice?
“There is no sign I can see of a broader slowdown in the economy…We are not trying to induce a recession,” Federal Reserve Chair Jerome Powell.
Breaking: Fed lifts interest rates by 75 bps to 1.50-1.75%, as expected
The US Federal Reserve on Wednesday announced that it had lifted interest rates by 75 bps to 1.50-1.75%, as expected.
Will a 75 bps Fed hike surprise markets?
Troubling inflation figures could force Fed policymakers to go off-script and hike the policy rate by 75 bps in June. The dollar’s fate depends on the rate outlook amid growing recession fears.
Gold Price Outlook: Fed expected to hike its policy rate by 50 bps next week
Gold Price Outlook: Next week, the Federal Reserve is widely expected to hike its policy rate by 50 basis points to the 1.25%-1.5% range. The Fed remains on track to opt for another 50 bps rate increase in July and it shouldn’t be a surprise if that’s confirmed.