On Wednesday, the US dollar strengthened after the Federal Reserve meeting minutes showed policymakers are determined to use a slower pace of interest-rate hikes to tame persistently high inflation. The greenback rose in late trading, with the dollar index up 0.40% at 104.57. The minutes showed most officials supported the quarter-point increase because a slower pace "would better allow them to assess the economy's progress" toward reducing inflation to their 2% target. However, "a few" participants outright favored a larger 50-bps increase at the meeting or said they "could have supported" it. The hotter-than-expected data has helped to keep the dollar stronger, but also added to concerns that the U.S. central bank will likely need to keep rates higher for longer if inflation is to reach the Fed's target.
FED Meeting
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• 以前暴涨时wsj有文章说 fed doesn't matter anymore, 米国公司们业绩一骑绝尘带着股价飞 -moneytalks- ♂ (0 bytes) () 02/22/2023 postreply 17:15:15