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The Fed made an important tweak to its monetary policy statement πŸ“

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The Fed made an important tweak to its monetary policy statement πŸ“

A hawkish tone, but a clarification that suggests the bank won't overshoot πŸ¦…

Sam Ro, CFA
Nov 2, 2022
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The Fed made an important tweak to its monetary policy statement πŸ“

www.tker.co
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Fed Chair Jerome Powell speaks after announcing an interest rate hike. (Source: YouTube)

The Federal Reserve announced a 75-basis-point interest rate hike on Wednesday, a move that was widely anticipated by markets as the central bank intensifies its efforts to bring down inflation.

For the most part, Wednesday’s message from the Fed and Chair Jerome Powe…

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