ALGORITHM ON JULY

Last updated: June 17, 2025, 18:48  |  Written by: Laura Shin

Algorithm On July
Algorithm On July

The Board Of Governors Of

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Following the Federal Reserve’s decision to increase interest rates by another 25 basis points, Fed Chair Jerome Powell

The Board of Governors of the Federal Reserve System voted unanimously to approve a 1/4 percentage point increase in the primary credit rate to 5.25 percent, effective

To Begin His Comments

To begin his comments, Powell first addressed the proverbial elephant in the room: the banking sector. Subsequently, Powellreferred to the industry as “sound and resilient.” While remarking that “conditions in that sector have broadly improved since early March.” Additionally, Powell noted that continued monitoring Ver más

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Laura Shin can be reached at [email protected].

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