US Fed slowing the pace as the destination approaches

CommBank Global Economic & Markets Update podcast

The US FOMC continued the process of tightening monetary policy in February, but slowed the pace with a 25 basis point move. This takes the Fed Fund target rate to 4.5%-4.75%. In this podcast Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist discuss why the slowdown in tightening and where the Fed Funds rate will go from here.

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