Title: Market Insights: Fed Raises Rate, BoE Next?
Post by: PocketOption on May 06, 2022, 05:11 am
Post by: PocketOption on May 06, 2022, 05:11 am
Market Insights: Fed Raises Rate, BoE Next?
Source: Market Insights: Fed Raises Rate, BoE Next? (https://www.orbex.com/blog/en/2022/05/market-insights-fed-raises-rate-boe-next)
No surprises by the Fed in yesterday’s meeting as they increased its benchmark interest rate by half a percentage point. In addition, the central bank outlined a program in which it eventually will reduce its balance sheet by $95 billion a month. Now it’s the turn of the Bank of England as they look to tackle inflation. Will there be any surprises today?
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Source: Market Insights: Fed Raises Rate, BoE Next? (https://www.orbex.com/blog/en/2022/05/market-insights-fed-raises-rate-boe-next)