US Federal Reserve ‘non-committal’ about future after hiking rates once again

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 5 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 78%

Australia Headlines News

Australia Latest News,Australia Headlines

JBWere Chief Investment Officer Sally Auld says the US Federal Reserve raising its cash rate for the 11th time was broadly expected but they were very “non-committal” about the future.

“Jerome Powell, the Chair of the Federal Reserve, didn’t really give

any strong signals,” Ms Auld told Sky News Business Editor Ross Greenwood.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reserve Bank may have gone ‘too far’ with raising ratesDeloitte Access Economics Partner Stephen Smith points out how the latest inflation data shows the Reserve Bank may have gone “too far” in hiking up interest rates. “We’re seeing now an economy that’s slowing, inflation that has decelerated, wage growth is not out of control, inflation expectations are not out of control either,” Mr Smith told Sky News Business Editor Ross Greenwood.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Reserve Bank could keep interest rates on hold following new inflation data | 7NEWSThere's a strong chance the Reserve Bank will keep interest rates on hold when it meets next week. That's because a key indicator has come in lower for the second consecutive quarter. 7NEWS
Source: 7NewsSydney - 🏆 16. / 63 Read more »

What do the latest inflation figures mean for next week’s Reserve Bank rates decision?Inflation has dropped. What could that mean for the Reserve Bank's decision on interest rates next week?
Source: SBSNews - 🏆 3. / 89 Read more »

Hunter Biden’s not guilty plea rejected in US federal courtUS district judge Maryellen Noreika has pulled an extremely rare move on the US President’s son Hunter Biden after she rejected his not guilty plea in federal court for tax and gun charges. Hunter Biden’s legal team have been given 30 days to adjust the not guilty plea and resubmit.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Surviving the stolen generation and bombing of Darwin: Class action evidence heard in Federal CourtJustice Bernard Murphy has travelled through the Northern Territory this week as part of an ongoing class action over allegedly stolen wages of Aboriginal people before 1971.
Source: abcnews - 🏆 5. / 83 Read more »

Craig Kelly wins font size battle after Federal Court throws out AEC's legal challengeA NSW court has rejected electoral commission claims that ex-MP Craig Kelly used the wrong font size in allegedly non-compliant federal election signage.
Source: SBSNews - 🏆 3. / 89 Read more »