Reuters was first to report that the U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses.
EconomyGovernmentPolitics
20 September 2023, 2:38 pm 1 minute
Market Impact
Indeed, monetary policy is expected to remain slightly restrictive into 2026 while the economy continues to largely grow at its estimated trend level of around 1.8%.
Article Tags
Topics of Interest: EconomyGovernmentPolitics
Type: Reuters Best
Sectors: Economy & PolicyGovernment & Public Services
Regions: Americas
Countries: US
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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