Unanimous uncertainty

NAB Morning Call · Jun 14, 2023 · 18m

Thursday 15th June 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABFew will have been surprised by the decision of the FOMC to pause interest rates, after 10 successive hikes. But they have also signalled that rates could rise as much as 50 basis points, with one member wanting to see rates go over 6 percent. JBWere’s Sally Auld talks to Phil about the decision and take-outs from the press conference that followed. One thing is clear, although the pause was a unanimous decision the dot plots show the board members have wildly different…