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The FOMC keeps the target Fed Funds range at 5.25% to 5.50%

The Fed kept rates unchanged at the September 2023 meeting.Highlights:Target rate 5.25% – 5.5%2023 end of year target rate: 5.6%, unchanged from June2024 end of year target rate: 5.10% from 4.6% in JuneEconomic activity has been growing steadily.Job gains have decelerated but remain robust; unemployment is low.Inflation is currently high.The U.S. banking system is stable and robust.Stricter credit conditions may impact economic activity, employment, and inflation.The exact impact of these condit... Read More

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Content Topics

Fomc

Keeps

Target

Funds

Range

25

50 Forex

Posted: Sep 20 2023, 18:00

Author Name: forexlive

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