At 2:00 pm Eastern Time on May 3, the Fed raised interest rates by 25 basis points to 5.00%-5.25% as scheduled, in line with expectations, announcing that this round of interest rate hike cycle is basically over.Every time the market uses the official announcement of the Fed to try to figure out the connotation of Powell's reply in the question session. The question on the 3rd is very transparent. The following are the main points of his reply:1) Future interest rate policy towards a "data dependent" approach;2) This meeting did not make a clear decision on whether to stop raising interest rates;3) More data is needed to see whether the Fed funds rate is sufficiently restrictive;4) More rate hikes are still possible if greater monetary policy constraints are required;5) It is too early to
Focus on Fed Meeting
Fed hikes again by 75 basis points, hints at entering end phase.