‘The pivot has finally come’: Industry reacts to Fed rate hold and Powell’s dovish tone
Markets are pricing in multiple rate cuts in 2024
Markets are pricing in multiple rate cuts in 2024
Chair Jerome Powell’s commentary was where interest lay
The pace of US consumer spending may cease to continue over the medium-to-long term
Jerome Powell indicated another hike this year is on the cards
Fed chair said the central bank is ‘prepared to raise rates further if appropriate’
US base rate up to a target range of 5.25% to 5.5%