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Wednesday, 22 June 2016

7 Takeaways from the US Fed Meet

By Kotak Securities:



Check out 7 takeaways from the US Fed Meet in our today's SlideShare.
  1. 7 Takeaways from the US Fed Meet

  2. A cautious US Federal Reserve maintained status quo on Federal funds rates at 1/4 to 1/2 per cent

  3. This is the fourth straight meeting in which the FOMC has decided against a rate hike. The rates were hiked for the first time in a decade back in December 2015.

  4. US Fed maintained an accommodative stance, thereby supporting further improvement in labor market conditions and a return to 2% inflation.

  5. US Federal Reserve still hints a two gradual rate hikes in 2016. The Fed itself expects the rate hikes to be gradual.

  6. US labour market showed strength, while economic growth remained sluggish; said US Fed.

  7. There is an uncertainty about the growth prospects of the US economy.

  8. “Brexit is a risk, which can be bigger than you think,” said US Fed chair Janet Yellen in the post-policy press conference as it could have consequences for economic and financial conditions in global financial markets.
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