Federal Reserve Unanimous On Future Rate Hikes

Tony Nash, CEO, Complete Intelligence

06-Jul-23 07:00

Federal Reserve Unanimous On Future Rate Hikes

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According to the latest Federal Open Market Committee (FOMC) minutes, policymakers unanimously agreed to keep the target range of the Fed Funds Target Rate (FFTR) unchanged at 5.00%-5.25%, maintaining their stance to achieve the 2% inflation target. We speak with Tony Nash, CEO, Complete Intelligence, to get his views on the minutes and the expected FOMC move in July.

Image by: Shutterstock

Produced by: Mike Gong

Presented by: Shazana Mokhtar, Mark Tan, Wong Shou Ning

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Categories: international, markets, economy

Tags: fed funds target rate, federal open market committee (fomc), international markets,

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