๐บ๐ธ | Latest FOMC Meeting Recap
๐ Fed opt to maintain its benchmark interest rate at its current target range of 5.25% - 5.5%
๐ Projections released by FOMC signal one more rate hike this year
๐ Policy is expected to remain slightly restrictive into 2026
๐ The inclination to keep rates high for an extended period signal that they remain concerned that inflation might not be falling fast enough toward their 2% target.
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