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The Fed's crucial session on interest rates has begun

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Started today in the wake of the collapse of two regional banks

Άρχισε η κρΙσιμη συνεδρΙα της Fed and gamma; course of monetary policy amid persistently high inflation and market jitters in the wake of the collapse of two regional banks.</p>
<p class=The Fed's purchasing committee (FMOC) session begins as analysts estimate that the US Federal Reserve will raise key interest rates by 25 basis points, the ninth consecutive increase, while fewer analysts predict a pause in the rate hike cycle o concerns raised by the collapse of Silicon Valley and Signature Bank.

Analysts at Bank of America Global Research said in a note that they expect the Fed to increase 25 points, as in the February session, but the decision will depend on financial stability.

In contrast, Goldman Sachs predicts that the Fed will not proceed with a pause in increases.

While supervisors have responded aggressively to support the financial system, markets appear less convinced that efforts to support mid-sized banks are sufficient, Goldman Sachs said in a note .

Source: www.kathimerini.com.cy

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