The US Federal Reserve announced on Wednesday that the FOMC had agreed to raise the target range for the federal funds rate by 50 basis points to 0.75% to 1%, in line with expectations.
Fed meeting
Federal Reserve Sees Hike Rates 0.50 BPS in May Meeting [15-04-2022]
Federal Reserve officials are reinforcing expectations they’ll raise interest rates by a half percentage-point next month, accelerating a hawkish pivot to curb the hottest inflation in four decades.
Asian Markets Rise ahead of Fed Meeting – Gold Silver Reports
Fed Chairman Jerome Powell is scheduled to speak Wednesday after the Fed ends its two-day meeting.
Trade And Tariffs – Implications for the Fed
Trade tensions have been steadily escalating since the start of the year, culminating in the latest round of tariffs on $200bn of imports from China.
Goldman Thinks This Fed Meeting May Not Be a Sleeper After All
Gold Silver Reports – Goldman Thinks This Fed Meeting May Not Be a Sleeper After All — Far from being a complete nonevent, Goldman Sachs Group Inc. expects a slightly hawkish upgrade of language at the Federal Reserve meeting this week, slated to be Janet Yellen’s last.
U.S. Rates Outlook, Meeting Date December 12-13
Gold Silver Reports – Gold is heading for the biggest weekly drop since May as investors anticipate higher U.S. interest rates and progress on tax reform buoys the dollar, deepening a slump for the metal that touched a one-year high as recently as September.
European Stocks Flat as Dollar Extends Decline
Gold Silver Reports – European stocks erased early losses to close little changed as positive economic data in the region offset negative sentiment following a slump in Chinese equities. The dollar extended a retreat sparked by Wednesday’s more dovish than expected Federal Reserve minutes.