Economic Commentary

Podcast: FOMC raises rates and keeps the door open for more

July 28, 2023
Podcasting equipment.

Key Takeaways:

The FOMC raised the federal funds rate by 25 bps in July to a range of 5.25 to 5.5 percent – the 11th increase since March 2022.

  • Could more rate hikes be on the way?
  • What are the financial markets pricing in for the potential for more rate hikes?
  • What’s the possibility of a soft landing?

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