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FOMC Statement and Press Conference

As markets were expecting, the federal funds target was increased by 25 basis points to 5.0-5.25%. The new target ceiling for the first time matches the level existing when the sub-prime mortgage credit crisis first surfaced in the summer of 2007. The statement justifying today’s action makes only a few modifications from the prior meeting’s […]... Read More

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Fomc

Statement

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Conference

Forex

Posted: May 3 2023, 18:27

Author Name: feedburner

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