interest rate increase in March

  • The US White House’s Attention to the Interest Rate Increase in March

    7:00-12:00 Key words: US White House, interest rate increase in March, DXY, Federal Reserve, DeFi agreement Summary of important developments at noon on March 13 Analysis based on this information:On a specific day, between seven o’clock and twelve o’clock, there seems to be an important event occurring in the US White House regarding interest rate increase in March. The US Federal Reserve, also known as the central bank of the US, made the decision to increase the interest rate in March, ending a policy of zero interest rates that began during the Great Recession in 2008. This decision to increase the interest rate can affect a variety of financial indicators, one of which is the DXY or the US dollar index that measures the value of the US dollar against other major currencies in the world. When the interest rate increases, it strengthens the US dollar and causes the DXY to rise. Therefore, it is not a surprise that the…

    03/13/2023
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