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Monetary Policy Report
The Federal Open Market Committee (FOMC) is firmly committed to fulfilling its statutory mandate from the Congress of promoting maximum employment, stable prices, and moderate long-term interest rates. The Committee seeks to explain its monetary policy decisions to the public as clearly as possible. Such clarity facilitates well-informed decisionmaking by households and businesses, reduces economic and financial uncertainty, increases the effectiveness of monetary policy, and enhances transparency and accountability, which are essential in a democratic society. Employment, inflation, and long-term interest rates ... (full story)
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FED: OUTLOOK FOR FUNDS RATE SUBJECT TO ‘CONSIDERABLE UNCERTAINTY’.
— Breaking Market News (@financialjuice) June 16, 2023
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FED: SLOWING INFLATION MAY DEPEND IN PART ON FURTHER EASING OF TIGHT LABOR MARKET.
— Breaking Market News (@financialjuice) June 16, 2023
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FED: SEVERAL MAJOR FOREIGN CENTRAL BANKS CONTINUED TIGHTENING, BUT ALSO EMPHASIZED NEED TO BE CAUTIOUS GIVEN LAGS AND UNCERTAINTY.
— Breaking Market News (@financialjuice) June 16, 2023
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*Fed: Will Make Decisions About Further Hikes Meeting by Meeting
— *seven (@sevenloI) June 16, 2023
*Fed: Period of Below-Trend Growth Likely Needed to Curb Inf.
*Fed: Inflation Has Moderated but Remains Above 2% Target
*Fed: Tighter Credit Conditions to Weigh on Economic Activity