Federal Reserve Unanimous On Future Rate Hikes
11 mins·07:00, 6 Jul 2023
Federal Reserve Unanimous On Future Rate Hikes
11 mins
·
07:00, 6 Jul 2023
·
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Guest: Tony Nash, CEO, Complete Intelligence
According to the latest Federal Open Market Committee (FOMC) minutes, policymakers unanimously agreed to keep the target range of the Fed Funds Target Rate (FFTR) unchanged at 5.00%-5.25%, maintaining their stance to achieve the 2% inflation target. We speak with Tony Nash, CEO, Complete Intelligence, to get his views on the minutes and the expected FOMC move in July.
Image by: Shutterstock
Presenter: Shazana Mokhtar, Mark Tan, Wong Shou Ning
Producer: Mike Gong
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