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BlogsUS Fed Funds Target Rate N/A 5.00 - 5.25% (Prev. 5.125%) LEAVING RATES UNCHANGED
FEDS LEAVES RATES UNCHANGEDFed leaves rates unchanged as expected at 5.00-5.25%; raises 2023 dot plot to 5.6% from 5.1% in March Holding target range steady allows time to assess additional information and implications for policy. Inflation remains elevated, remains highly attentive to inflation risks. Committee strongly committed to returning inflation to its 2% objective. Banking system is sound and resilient. Tighter credit conditions for households and businesses likely to weigh on economic activity, hiring and inflation but extent of effects remain uncertain. Job gains have been robust in recent months, unemployment rate has remained low. Vote in favour of policy was unanimous

Darren Krett

Wednesday 14 June 2023

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Fed leaves rates unchanged as expected at 5.00-5.25%; raises 2023 dot plot to 5.6% from 5.1% in March Holding target range steady allows time to assess additional information and implications for policy. Inflation remains elevated, remains highly attentive to inflation risks. Committee strongly committed to returning inflation to its 2% objective. Banking system is sound and resilient. Tighter credit conditions for households and businesses likely to weigh on economic activity, hiring and inflation but extent of effects remain uncertain. Job gains have been robust in recent months, unemployment rate has remained low. Vote in favour of policy was unanimous facebookFed leaves rates unchanged as expected at 5.00-5.25%; raises 2023 dot plot to 5.6% from 5.1% in March Holding target range steady allows time to assess additional information and implications for policy. Inflation remains elevated, remains highly attentive to inflation risks. Committee strongly committed to returning inflation to its 2% objective. Banking system is sound and resilient. Tighter credit conditions for households and businesses likely to weigh on economic activity, hiring and inflation but extent of effects remain uncertain. Job gains have been robust in recent months, unemployment rate has remained low. Vote in favour of policy was unanimous twitterFed leaves rates unchanged as expected at 5.00-5.25%; raises 2023 dot plot to 5.6% from 5.1% in March Holding target range steady allows time to assess additional information and implications for policy. Inflation remains elevated, remains highly attentive to inflation risks. Committee strongly committed to returning inflation to its 2% objective. Banking system is sound and resilient. Tighter credit conditions for households and businesses likely to weigh on economic activity, hiring and inflation but extent of effects remain uncertain. Job gains have been robust in recent months, unemployment rate has remained low. Vote in favour of policy was unanimous linkedin

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US Fed Funds Target Rate N/A 5.00 - 5.25% (Prev. 5.125%) LEAVING RATES UNCHANGED

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