$PAXG
🏛️ The U.S. Federal Reserve has made its position clear and raised interest rates by 25 basis points to a range of 3.75–4.0%, as expected, with the board voting unanimously in favor of the decision
📈 The rate hike is the first in more than 3 years, when the most recent prior increase was made in July 2023
📊 The Fed expects an additional rate increase this year and raises its economic growth forecasts for 2026 and 2027, while the central bank also lowers its unemployment-rate forecast to 4.1% in 2027
⚠️ The Federal Reserve’s board has raised its inflation outlook for the U.S. in 2026 to 3.7%, noting that uncertainty remains high due to geopolitical developments
🌐 The central banks in Saudi Arabia, the UAE, Qatar, and Bahrain are taking similar decisions by raising interest rates after the Federal Reserve’s move.
🗣️ During the press conference held by the Federal Reserve Chair—which was shorter than usual—Kevin Warsh made several important statements, including the following:
- The decision to raise interest rates was not affected by market expectations
- Current financial conditions cannot be described as “restrictive”
- The latest inflation data does not reflect any improvement
- We focus on the pattern, not on individual economic data points
- We are approaching full employment by a wide margin… and the focus right now is on inflation
- The data points to the strength of the U.S. economy… and inflation is the problem at the moment
🏛️ The U.S. Federal Reserve has made its position clear and raised interest rates by 25 basis points to a range of 3.75–4.0%, as expected, with the board voting unanimously in favor of the decision
📈 The rate hike is the first in more than 3 years, when the most recent prior increase was made in July 2023
📊 The Fed expects an additional rate increase this year and raises its economic growth forecasts for 2026 and 2027, while the central bank also lowers its unemployment-rate forecast to 4.1% in 2027
⚠️ The Federal Reserve’s board has raised its inflation outlook for the U.S. in 2026 to 3.7%, noting that uncertainty remains high due to geopolitical developments
🌐 The central banks in Saudi Arabia, the UAE, Qatar, and Bahrain are taking similar decisions by raising interest rates after the Federal Reserve’s move.
🗣️ During the press conference held by the Federal Reserve Chair—which was shorter than usual—Kevin Warsh made several important statements, including the following:
- The decision to raise interest rates was not affected by market expectations
- Current financial conditions cannot be described as “restrictive”
- The latest inflation data does not reflect any improvement
- We focus on the pattern, not on individual economic data points
- We are approaching full employment by a wide margin… and the focus right now is on inflation
- The data points to the strength of the U.S. economy… and inflation is the problem at the moment
