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Friday, March 24, 2023

Fundamental: What Mattered This Week? Banks Seek Help from the Fed

Forex Factory
 
 
Alert Alert Mar 25, 2023, 2:35am
 
Fundamental: What Mattered This Week? Banks Seek Help from the Fed
There were two events that mattered this week. First was the regular Fed meeting on interest rates, where the Fed ended up raising rates by the expected 25 bps. Even as it did, though, Chair Powell led the press conference with unexpectedly dovish commentary. He explicitly said that the Fed was aware of the stress in the financial system, that it would have ...
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