Jerome Powell Keeps June Interest-Rate Pause in Play

The Wall Street Journal2023-05-20

WASHINGTON—Federal Reserve Chair Jerome Powell suggested he was open to holding interest rates steady at the central bank’s meeting next month, saying that the current banking stress could mean rates ...

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Comments

  • phongy 45
    2023-05-21
    phongy 45
    National spending is too much ?... Unless seriously to manage spending is the objective... More debt ceiling soon again ... 
  • AnthonyC
    2023-05-21
    AnthonyC
    Is it gonna be empty promises again?
  • Thalos
    2023-05-21
    Thalos
    Ok
  • Sigit waloyo
    2023-05-20
    Sigit waloyo
    Nice
  • Guavaxf30
    2023-05-20
    Guavaxf30
    A pause in interest rates in June will be likely but it will resume after. inflation rates are still miles away from the targetted 2%. This will likely mean a short rally which won't last as traders will take this as an opportunity to clear positions. Please don't forget rate hikes, plus whatever debt deal that will come up, will probably lead to a recession. One where there won't be lose money to help to help to recover from.  We are still in a bear environment.
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