Powell speech: We are prepared to do more if more is warranted – by eren_fxstreet Fed CentralBanks
comments on the policy outlook after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 5-5.25% following the May policy meeting."We are seeing the effects of policy tightening, particularly in housing and investment.""Economy is likely to face headwinds from credit conditions.""Strains from banking system in March is resulting in even tighter conditions.""We will make rate determination meeting by meeting.
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