FOMC holds, no hurry to move down
Thursday 1st February 2023
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At the FOMC today a unanimous decision was made to keep rates on hold, but there was suggestion that they\u2019d be cutting rates anytime soon. JBWere\u2019s Sally Auld says this will dent the optimism of those hoping for a lower rate in March. Australia\u2019s inflation numbers yesterday are also unlikely to change the stance of the RBA next month. The Bank of England meets later today \u2013 three of the nine board members voted for a hike last time.
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