 Fed raises interest rate by 50bps to 4.25-4.50 as widely expected. The decision was unanimous. Tightening bias is maintained as the Committee anticipates that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time. In ... The post Fed hikes 50bps, rate to hit 5.1 in 2023 appeared first on Action Forex... 