AnalysisEconomy / FinanceNorth America

US Fed Holds Target Interest Rate Steady: This Won’t Last Much Longer

0

The Federal Reserve’s Federal Open Market Committee (FOMC) announced on Aug. 1st that it will maintain the current target policy interest rate (the federal funds rate) of 5.5 percent. The committee has now held the rate at this level since the end of July 2023. According to the FOMC’s press release: “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.”   After…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Join Now
Already a member? Log in here
NavyVetUnited
NavyVetUnited is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

August 2024: 45th President Donald J. Trump Remarks, Rallies and Events

Previous article

[KH] Panics, Keep An Eye On Venezuela, Election Cyber Attack Projection,Scare Event – Ep. 3418

Next article

You may also like

Comments

Comments are closed.

More in Analysis