Powell speech: Rate cuts this year are not our baseline expectation – by eren_fxstreet Fed CentralBanks
comments on the policy outlook after the Federal Reserve's decision to raise the policy rate by 25 basis points to the range of 4.75-5% following the March policy meeting."Policy has to be tight enough to bring down inflation, some of that tightness can come from credit conditions.""We are well aware of concentrations in commercial real estate.""100% certainty there will be outside investigations in SVB, we welcome them.
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