Fed raises rates a quarter point, expects 'ongoing' increases

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FED DECISION: The Federal Reserve votes to hike interest rates by 25 basis points.

, however, were looking to this week's meeting for signs that the Fed would be ending the rate increases soon. But the statement provided no such signals.

In 2022, the Fed approved four consecutive 0.75 percentage point moves before going to a smaller 0.5 percentage point increase in December. In recent public statements, multiple officials said they think the Fed at least can scale back on the size of the increases, without signaling when they could end.

Fed policy is thought to work on a lag – when the central bank raises rates, it takes time for the economy to adjust to tighter controls on money.

 

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Did anyone else hear Powell say a few more rate hikes. Kinda concerning

In the morning Pre-Market s shows HUGE NEGATIVE declines, it accelerates until around 11:00 am and then everything calms down by 2:00 pm. Suddenly the market turns POSITIVE and closes in the PLUS. This is MANIPULATION, it reflects NOTHING. This is going on for the past 2 months.

BrandonVanZee Powers will not be happy until he causes a recession with deep financial and job loss

I call Bullsh*t this 25bps is it

And when they sink the economy they will be forced to stimulate it again and print and spend more dollars leading to more inflation. I’m noticing a trend here

Further hikes in the air...

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