Is Six-Weeks Pause Enough for the Fed

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26 Jun 2023

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The Fed placed its rate hikes on pause for a review period, with Fed Chair Jerome Powell explaining that “as we get closer and closer to our destination, it's common sense to go a little slower.” Market attention is now fixed on the next FOMC meeting to be held July 25. Is six weeks enough for the central bank to accurately take the economy’s temperature? Presented by @cmegroup: Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram:

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