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2022/07/28 / Erste Group Research

US Fed becomes more cautious

As had been widely expected, the FOMC, the responsible body of the US Fed, decided to raise the US key interest rates by 75 basis points (bp). The new range for the key interest rate is thus 2.25 - 2.50%. In Fed Chairman Powell's press conference, the most important statements concerned the outlook for further interest rate steps. Powell, while saying that 75bp was possible in September, held out the prospect of an eventual slowdown in rate hikes.


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General information

AuthorErste Group Research
Date2022/07/28
Languageen
Product nameShort Notes Major Markets
Topic in focusMacro/ Fixed income
Economy in focusUnited States
Currency in focusUS Dollar
Sector in focus-
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