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Fed Hits 22-Year High!

Name: Fed Hits 22-Year High!
Uploaded: 2023-07-27
Channel: David Kindley
Description: The Federal approved another interest rate hike which saw the highest level in more than 22 years.This increase will bring the fed funds rate to a target range of 5.25%-5.5%.Jerome Powell said the central bank will make further decisions when they ne

By David Kindley Last updated Jul 27, 2023 56 0

The Federal approved another interest rate hike which saw the highest level in more than 22 years.

This increase will bring the fed funds rate to a target range of 5.25%-5.5%.

Jerome Powell said the central bank will make further decisions when they next meet.

Timestamps

EURUSD 01:35

GBPUSD 02:55

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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