Most Fed policymakers judged that 50 basis point increases in | FiboPrincess ASLI Tidak Kelola Dana

Most Fed policymakers judged that 50 basis point increases in the target range for the fed funds rate would likely be appropriate at the next couple of meetings, minutes from the last FOMC meeting in May showed. Participants also noted that a restrictive stance of policy may well become appropriate depending on the evolving economic outlook, seen as highly uncertain. At the same time, expediting the removal of policy accommodation would leave the Committee well positioned later this year to assess the effects of policy firming. The Federal Reserve raised the target for the fed funds rate by half a point to 0.75%-1% during its May 2022 meeting, the second consecutive rate hike and the biggest rise in borrowing costs since 2000, aiming to tackle soaring inflation. The central bank added that ongoing increases in the target range will be appropriate, with Chair Powell pointing to 50bps hikes in the next couple of meetings. source: Federal Reserve