FOMC DECISION KEY POINTS The Federal Reverse voted to raise interest rates by 25 basis points to 5.25%-5.50%, the highest level in 22 years The decision to resume the tightening campaign was widely expected by market participants Gold and the U.S. dollar go separate ways following the central bank’s decision ahead of Powell’s press conference
JULY FOMC MEETING KEY POINTS: The Fed is expected to raise interest rates by 25 basis points to 5.25%-5.50% With a quarter-point hike fully priced in, attention should be on the tightening roadmap Powell is likely to offer guidance on the polity outlook during his press conference Recommended by Diego Colman Get Your Free Gold