Podcast: Federal Open Market Committee (FOMC) raises rates and keeps the door open for more
The Federal Open Market Committee (FOMC) raised the federal funds rate by 25 basis-points in July to a range of 5.25 to 5.5 percent – the eleventh increase since March 2022. Nationwide’s Chief Economist, Kathy Bostjancic, and Nationwide’s head of Fixed Income, Brad Beman, provide analysis and insight on July’s FOMC announcement, including:
- 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?
Listen now:
Citations/Disclaimers
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