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WATCH LIVE: Fed Chair Powell holds press conference post June 2021 decision

EconomyJun 16, 2021 19:18
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© Reuters.

Key Points

  • Fed Funds Rate unchanged at 0.0-0.25%, QE unchanged at $120bln/month
  • Median dot sees first rate hike in 2023
  • 7 Fed members see first hike next year (Previously 4)
  • 13 see first hike in 2023 (Previously 7)
  • QE guidance unchanged: Will maintain purchases “until substantial further progress has been made towards the Committee’s maximum employment and price stability goals"
  • Link to FOMC statement and Summary of Economic Projections

Watch the press conference from Federal Reserve Chairman Powell from 19:30BST below:

WATCH LIVE: Fed Chair Powell holds press conference post June 2021 decision
 

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Comments (1)
Founder Adarsh Saxena
Founder Adarsh Saxena Jun 16, 2021 19:37
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Enough of free liquidity... and free stimulus.... admit finally, if Ur economies have recovered too fast and many places pre Covid levels, then why D need for benefits, privileges, cash stimulus and easy liquidity,... why not interest rates hardening be put in place now? And if everything is not right, then why fear jacking up of interest rates... I fail to understand all these fake rallies based on liquidity by Central banks all over.. and ignorance of the actual positions in this pandemic... grow up
Sameer Hassija
Sameer Hassija Jun 16, 2021 19:37
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what level did you short bro
Fabio Lecca
falec Jun 16, 2021 19:37
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Yeah, it looks a comment from someone well underwater. INIT?
David Hawley
David Hawley Jun 16, 2021 19:37
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I don't understand it either. if prices are rising then that means more profit. so whats the big concern about a 0.25% increase in rates? its just market manipulators seeing a chance to sell short and buy back cheaper. no matter what Powell said they would've sold anyway
Martin Skawinski
Martin Skawinski Jun 16, 2021 19:37
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amazing hiw most of people here see onky tip of their own nose. u gonba wake up in big sht world one day gready blind people
 
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