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Full statement from the September FOMC rate decision

Below is the full statement from the FOMC rate decision:For release at 2:00 p.m. EDTShareRecent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, 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... Read More

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Full

Statement

From

September

Fomc

Rate

Decision

Forex

Posted: Sep 20 2023, 18:06

Author Name: forexlive

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