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Fed Holds Rates Steady, Signals Readiness to Act Amid Uncertainty

1 min read
Source: Federal Reserve (.gov)
Fed Holds Rates Steady, Signals Readiness to Act Amid Uncertainty
Photo: Federal Reserve (.gov)
TL;DR Summary

The Fed kept the target federal funds rate at 3.5%–3.75%, noting solid economic activity but elevated inflation and global uncertainty, and said it will adjust policy as incoming data evolve to support maximum employment and a 2% inflation goal.

Topics:business#economy#federal-reserve#fomc#inflation#interest-rates#monetary-policy
Share this article
  1. Federal Reserve issues FOMC statement  Federal Reserve (.gov)
  2. Here's what changed in the new Fed statement  CNBC
  3. Nick Timiraos: What I’m Watching in the Fed’s Statement Today  WSJ
  4. Read the Full FOMC Statement  Barron's
  5. XAU/USD slips below 4,550 after the Fed's most divided hold since 1992  FXStreet

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