Category: 17 January 2023

Home 17 January 2023
FED POISED FOR RATE CHANGE
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GUESSING GAME: FED TO RAISE RATES ONLY 25 BASIS POINTS NEXT MONTH

As we note in the ECONOMIC UPDATE section of this week’s Trends Journal, the bet on The Streets is that the U.S. Federal Reserve will raise interest rates only a quarter of a percent on 1 February. Slower growth in consumer prices and wages has made it almost certain that the U.S. Federal Reserve will raise its key interest rate by only a quarter point next month, after raising it three-quarters of a point four times last year and by a half point twice, according to the Financial Times.

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