In focus today Tonight at 20:00 CET the rate decision of this week’s meeting in the FOMC is announced. We expect no monetary policy changes. With no new economic projections, focus will be on Powell’s remarks in the press conference starting at 20:30 CET. We do not expect the meeting to be a major market […]
The Federal Reserve Open Market Committee (FOMC) maintained the federal funds rate in the 4.25% to 4.50% range and announced it would continue its balance sheet runoff. The Fed justified its decision to hold rates steady by highlighting that the economy “continued to expand at a solid pace”, while inflation still remains “somewhat elevated”. On […]
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