of the Fed's June meeting, released Wednesday, are that some of the policymakers didn't agree with the decision to pause the year-long hiking cycle, but"almost all" noted that further rate increases will likely be needed as inflation remains"unacceptably high.
"put the chance of a hike at the meeting later in July at more than 90%, and there remains a reasonable chance that another will follow, especially as Fed Chairman Jerome Powell has argued that monetary policy isn't restrictive enough.The impact of this monetary policy on the crucial jobs market will be made apparent shortly, as there are no fewer than four U.S. labor market reports due in the next 48 hours, culminating with Friday's U.S.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
The Fossil Fuel Industry Wants to End Responsible InvestingBig Oil wants to end ESG investing and ESG business practices because they’re at odds with the continued growth of the fossil fuel industry, writes Jessica Church of TakeOnWallSt.
Source: commondreams - 🏆 530. / 51 Read more »