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Federal Reserve rate decision: Rates held unchanged
The Fed previously hiked rates on May 3 to 5.00-5.25%Statement continues to say "inflation remains elevated"Recent indicators suggest that economic activity has continued to expand at a modest paceJob gains have been robust in recent months"Holding the target range steady at this meeting allows the Committee to assess additional information and its implications for monetary policy.".The statement continues to highlight 'the extent of additional policy firming' that may be appropriateNo dissents...
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Posted: Jun 14 2023, 18:00
Author Name: forexlive
Views: 081266