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FOMC Statement for the November 2023 rate decision

Federal Reserve issues FOMC statementFor release at 2:00 p.m. EDTRecent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation remains elevated.The U.S. banking system is sound and resilient. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of... Read More

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Fomc

Statement

November

2023

Rate

Decision

Forex

Posted: Nov 1 2023, 18:00

Author Name: forexlive

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