The Fed’s key benchmark borrowing rate is projected to rise another three-quarters of a percentage point in 2023, hitting a 17-year high of 5-5.25 percent from its current 4.25-4.5 percent level, according to the Fed’s median projection from December. Federal Open Market Committee (FOMC) members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. A higher than expected rate is positive/bullish for the USD, while a lower than expected rate is negative/bearish for the USD. 1. 🚨 Message me any trading questions: https://discord.gg/kwVQtmu 2.✅ LPP 2.0 $150 OFF (LIVE TRADING): https://bit.ly/150OFFLPPNOW 3. 📸 Ricky's Insta: https://www.instagram.com/rickygutierrezz/ 4.🖥 Enter Giveaway: https://shoptechbuds.com/pages/giveaway 5.📊 Free 12 FREE Stocks (WEBULL): https://a.webull.com/i/RickyGutierrezYouTube For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 300,000! #fedmeeting #fomcmeeting #stockmarketcrash The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations. The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available. Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
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