Sunday, June 1, 2025

Latest

US Federal Reserve Hikes Interest Rates 25 Bps

The US Federal Reserve has elected to raise the target for the federal fund rate yet again. The Fed raised the target range to 5 to 5 1/4 percent, representing a 25 bps hike, following a unanimous decision by the committee.

“The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 5 to 5-1/4 percent,” the committee said within its statement.

The committee also acknowledged that it will continue to reduce its holdings in Treasuries, agency debt, and agency mortgage-backed securities as it has previously announced. Notably, the fed also omitted prior language that signaled further hikes again, suggesting that it will be taking a pause in raising rates.

Finally, the committee also warned of tighter credit conditions for both households and businesses, which is expected to weight on economic activity, hiring, and inflation.


Information for this briefing was found via The Federal Reserve and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

Recommended

Silver47 x Summa Silver: Creating An Explorer With A Billion Ounce Goal

Canadian Copper: The $172M Combined Strategy PEA

Related News

The Biggest Mismatch in History: Inflation Soars to Near Double-Digits, Economy Barrels Towards Recession… ECB Raises Rates to 0.75%

The European Central Bank finally decided to jump on the bandwagon of monetary policy panic,...

Thursday, September 8, 2022, 11:14:04 AM

FOMC Minutes Show Fed Will Maintain Higher Rates Until Inflation Falls to 2%

The FOMC minutes from last month’s meeting reiterated what markets were already bracing for: the...

Wednesday, October 12, 2022, 04:31:29 PM

Bank of Canada Again Cuts Rates By 25 Basis Points

The Bank of Canada has cut its key interest rate by 25 basis points to...

Wednesday, September 4, 2024, 11:13:05 AM

It’s Still Just Transitory: Canadian Inflation Surges to Highest Since 2011

Did it feel like your pocketbook was ripped to shreds last month? That’s because it...

Thursday, June 17, 2021, 04:56:00 PM

Canada Sees April’s CPI Climb To 6.8% While Price Of Food Climbs 9.7%

Inflation in Canada continues to climb, with StatCan this morning reporting that the Canadian consumer...

Wednesday, May 18, 2022, 09:27:00 AM