English
Fed hints at raising interest rates in 2023
On Wednesday, June 16, the Federal Reserve presented the expected date for raising interest rates in the post-pandemic stage to 2023, attributing this to the improved health situation.
The Fed stressed its pledge to wait for "more significant progress" before starting to switch to policies less related to the pandemic and to wait more until the economy is fully opened.
The new tone does not mean an imminent change in policy. On Wednesday, June 16, the Fed kept interest rates near zero, and said it would continue to buy $120 billion in bonds each month to support the economic recovery.
The median forecast by policymakers now is that the first rate hike will come in 2023 rather than 2024.
Related Topics
Latest Technical Analysis
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Friday, July 14, 2023 - 19:25
Thursday, February 13, 2020 - 21:24
Thursday, January 30, 2020 - 14:39
Friday, January 17, 2020 - 13:00
