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coinpedia 2023-07-06 11:44:33

FOMC Minutes Spark Gold and Stock Price Drop, Raise Questions of Further Rate Hikes

The post FOMC Minutes Spark Gold and Stock Price Drop, Raise Questions of Further Rate Hikes appeared first on Coinpedia Fintech News Revealed on Wednesday, July 5th, the minutes from the U.S. Federal Reserve’s Open Market Committee (FOMC) meeting indicated a unanimous decision to keep interest rates stable. This decision, in line with market participants’ expectations, set off a chain of events influencing a multitude of markets. Analyzing the Steady Rates Decision According to June’s meeting minutes, …

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