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The full statement from the Fed July FOMC decision

Federal Reserve issues FOMC statementFor release at 2:00 p.m. EDTShareRecent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated.The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains uncertain. The Commit... Read More

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Content Topics

Full

Statement

From

July

Fomc

Decision

Forex

Posted: Jul 26 2023, 18:00

Author Name: forexlive

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