The minutes of the Federal Open Market Committee (FOMC) meeting on March 15–16 shed light on the economic impact of the Ukraine war on the U.S. economy, specifically with regard to inflation and the Fed’s interest rate. Participants in the meeting “judged that the implications of the war for the U.S. economy were highly uncertain,…
Economic Impact of Ukraine War Revealed in Fed Meeting Minutes
April 7, 2022
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News Clip: How The Fed’s Rate Hike Will Impact You
March 17, 2022
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The Federal Reserve is increasing interest rates by a quarter of a point. From credit cards to car loans, a look at how the rate hike could impact your wallet. Jerome Powell, Federal Reserve Chairman：”The committee is determined to take the measures necessary to restore price stability.” Ed Moya, Senior Market Analyst, Oanda：”Getting loans, getting…
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Dollar Will Be Dominant as Long as Fed Remains Hawkish: Reuters Poll
The U.S. dollar will continue to remain dominant as long as the Federal Reserve continues with its aggressive policy of raising interest rates and unloading bonds bought during the COVID-19 pandemic, says a poll of forex strategists by Reuters. “We’ve got some aggressive tightening coming up this year from the Fed. We think the fed…