Yearly Archives: 2023
41654156156Dollar Weakens After Fed Delivers Small Size Rate Hike

Written on July 27, 2023 at 6:22 am, by 王建军
After the announcement, gold and oil prices climbed as the U.S. dollar weakened, making them more attractive. The Federal Reserve delivered as anticipated, implementing a 25 bps rate hike that propelled the interest rate to its highest level in 22 years. With the benchmark rate now residing within the range of 5.25% to 5.5%, theContinue Reading