Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Fed officials are ready to raise interest rates if necessary


May, 23 2024
watermark Economic news

According to the minutes of the last meeting of the Federal Open Market Committee (FOMC), a number of Fed officials have declared their readiness to raise interest rates again if inflation in the United States does not continue to slow down.


During the discussions, representatives of the Federal Reserve expressed concern about the disappointing inflation figures, noting that the latest data indicate the likelihood of its steady preservation in the coming months. The situation in the real estate market is also alarming: the cost of housing has not decreased as much as expected. So is the cost of labor. These two factors are the main sources of inflation in the United States at the moment.


In addition, the steadily growing economy of the country can maintain a high level of consumer demand for goods and services, which leads to the preservation of high prices, some representatives of the Fed suggested.


For this reason, they believe that the Fed will need more time than previously expected to gain confidence in the movement of inflation to the target level of 2%. At the same time, Fed officials expect the economy to grow at a slower pace, which will help balance supply and demand.


Following the results of the last meeting, the Fed kept the interest rate at the level of 5.25-5.5% per annum. The decision was made unanimously by the FOMC members and coincided with the expectations of most analysts and economists. The rate is at its highest level in 23 years, while it has remained unchanged for six consecutive meetings.


The next FOMC meeting is scheduled for June 11-12 and will be accompanied by the publication of updated economic forecasts.


hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.