Fed Hikes Rates By 25bps As Expected, Stays Data Dependent

Courtesy of ZeroHedge And so, what may well be the final rate hike of the Fed’s 2022-2023 tightening cycle, the so-called “July and Goodbye” is in the history books when moments ago the Fed announced that the FOMC hiked rates by 25bps – as expected – to a 5.50% Fed Funds rate, the 11th consecutive […] Source