Federal Reserve Outlook: The Federal Reserve (Fed) is expected to leave its policy rate unchanged at the range of 5%-5.25% on Wednesday, June 14, 2023 at 18.00 GMT.
Federal Reserve Bank
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.
US Federal Reserve Warns Coronavirus “Poses Considerable Risks”
The Federal Reserve said Wednesday the coronavirus pandemic already has caused “tremendous” health and economic hardship, and warned the damage to the US economy will continue along with high unemployment.
Fed Again Cuts Interest Rates as Economic Growth Slows, Powell Says Policy in Good Place
Fed Again Cuts Interest Rates 0.25 percentage points, which was widely expected, brings the Fed’s target rate to a range of 1.5% to 1.75%. Less clear is where central bankers go from here amid signs the economy is slowing down.
Video News – Fed Leaves Interest Rates Unchanged, Signals no Increases this Year 2019
✅ The announcement comes three months after the central bank said two hikes would be appropriate in 2019.
Dollar Pressured as Fed Officials Caution about Global Growth, Yen Firms
Gold Silver Reports (GSR) – The U.S. currency has enjoyed a strong run this year thanks to the Fed’s steady policy tightening on the back of a robust economy and rising wage pressures. A fourth rate hike for this year is expected next month and policy makers had indicated two more by June 2019.
Red Alert : Global Economic Data – Jackson Hole Speech – Gold Silver Reports
Jackson Hole Speech: The Economic Policy Symposium, held in Jackson Hole, Wyoming, is attended by central bankers, finance ministers, academics, and financial market participants from around …