FOMC Hikes Rates 25 bps As Expected, Leaves Open Further Hike Expectations

[BECKHAM]

The Federal Reserve has stuck to its previously stated pace with a 25bp rate hike that lifted the benchmark range to 4.50-4.75 percent. The in-line rate change generated volatility for the Dollar and S&P 500 emini futures, but markets were seeking more clarity on the forecast.

FOR MORE ... (https://www.dailyfx.com/news/fomc-hikes-rates-25-bps-as-expected-leaves-open-further-hike-expectations-20230201.html)