Recent indicators suggest that economic activity has continued to expand at a modest
pace. Job gains have been robust in recent months, and the unemployment rate has remained
low. Inflation remains elevated.
The U.S. banking system is sound and resilient. Tighter credit conditions for households
and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of
these effects remains uncertain. The Committee remains highly attentive to inflation risks.
The Committee seeks to achieve maximum employment and inflation at the rate of
2 percent over the longer run. In support of these goals, the Committee decided to maintain the
target range for the federal funds rate at 5 to 5-1/4 percent. Holding the target range steady at
this meeting allows the Committee to assess additional information and its implications for
monetary policy. In determining the extent of additional policy firming that may be appropriate
to return inflation to 2 percent over time, the Committee will take into account the cumulative
tightening of monetary policy, the lags with which monetary policy affects economic activity and
inflation, and economic and financial developments. In addition, the Committee will continue
reducing its holdings of Treasury securities and agency debt and agency mortgage-backed
securities, as described in its previously announced plans. The Committee is strongly committed
to returning inflation to its 2 percent objective.
𝖷𝖠𝖴𝖴𝖲𝖣 BUY NOW 1943 - 1945
✅𝖳𝖯1 1950
✅𝖳𝖯2 1958
✅TP3 1962
🛑𝖲𝖫 1935
pace. Job gains have been robust in recent months, and the unemployment rate has remained
low. Inflation remains elevated.
The U.S. banking system is sound and resilient. Tighter credit conditions for households
and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of
these effects remains uncertain. The Committee remains highly attentive to inflation risks.
The Committee seeks to achieve maximum employment and inflation at the rate of
2 percent over the longer run. In support of these goals, the Committee decided to maintain the
target range for the federal funds rate at 5 to 5-1/4 percent. Holding the target range steady at
this meeting allows the Committee to assess additional information and its implications for
monetary policy. In determining the extent of additional policy firming that may be appropriate
to return inflation to 2 percent over time, the Committee will take into account the cumulative
tightening of monetary policy, the lags with which monetary policy affects economic activity and
inflation, and economic and financial developments. In addition, the Committee will continue
reducing its holdings of Treasury securities and agency debt and agency mortgage-backed
securities, as described in its previously announced plans. The Committee is strongly committed
to returning inflation to its 2 percent objective.
𝖷𝖠𝖴𝖴𝖲𝖣 BUY NOW 1943 - 1945
✅𝖳𝖯1 1950
✅𝖳𝖯2 1958
✅TP3 1962
🛑𝖲𝖫 1935
