Skip to main content

Federal Reserve holds rates and revises projections upwards

Powell says path for soft landing has “widened apparently”

Federal Reserve

The US Federal Open Market Committee (FOMC) voted unanimously to maintain its policy rate today at the range of 5.25% to 5.5%.(September 20).

“We see the current stance of monetary policy as restrictive, putting downward pressure on economic activity, hiring and inflation,” said Federal Reserve chair Jerome Powell. He voiced cautious optimism, saying that the possibility of cutting inflation while avoiding a recession seemed to have grown.

The FOMC still estimates a 5.6% terminal interest rate

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.