• Fed’s Barr: We are likely at or near the peak of where we need to be on interest rates

Market news

17 tháng 11 2023

Fed’s Barr: We are likely at or near the peak of where we need to be on interest rates

Federal Reserve (Fed) Vice Chair (for supervision) Michael Barr said on Friday, “we are likely at or near the peak of where we need to be on interest rates.”

There are no further comments from the Fed official, thus far.

Market reaction

The US Dollar Index has entered a phase of consolidation near an intraday low of 104.02. The index is down 0.21% on the day.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.