Fed Raises Rates by 75 Basis Points at September 2022 Meeting

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Fed Raises Rates by 75 Basis Points at September 2022 Meeting

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The Federal Open Market Committee (FOMC) voted to increase the fed funds price by 75 basis points at its meeting on Sept. 20-21, 2022

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The brand-new target range for fed funds is 3.00% to 3.25%.

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As in prior months, the FOMC pointed out "robust" job gains, a reduced unemployment rate, and also "raised" enflation as factors for elevating prices

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Likewise as in previous months, the FOMC sees Russia's recurring war on Ukraine as a key driver of inflationary pressures

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The Fed will certainly proceed with its balance sheet reduction plan introduced in May

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Economic projections made by meeting participants are less optimistic than those submitted at the June meeting

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Everything You Wanted to Know about Cryptocurrency, Before Invest

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References:- 1. investopedia.com 2. nytimes.com 3. wikipedia.org 4. federalreserve.gov

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Fed Raises Rates by 75 Basis Points at September 2022 Meeting

Hope You Will Get Information as You Wish and Enjoy This Web Story

Hope You Will Get Information as You Wish and Enjoy This Web Story

Fed Raises Rates by 75 Basis Points at September 2022 Meeting

Fed Raises Rates by 75 Basis Points at September 2022 Meeting

Photo Credit: nytimes.com

The Federal Open Market Committee (FOMC) voted to increase the fed funds price by 75 basis points at its meeting on Sept. 20-21, 2022

The Federal Open Market Committee (FOMC) voted to increase the fed funds price by 75 basis points at its meeting on Sept. 20-21, 2022

Photo Credit: federalreserve.gov

The brand-new target range for fed funds is 3.00% to 3.25%.

The brand-new target range for fed funds is 3.00% to 3.25%.

Photo Credit: nytimes.com

As in prior months, the FOMC pointed out "robust" job gains, a reduced unemployment rate, and also "raised" enflation as factors for elevating prices

As in prior months, the FOMC pointed out "robust" job gains, a reduced unemployment rate, and also "raised" enflation as factors for elevating prices

Photo Credit: nytimes.com

Likewise as in previous months, the FOMC sees Russia's recurring war on Ukraine as a key driver of inflationary pressures

Likewise as in previous months, the FOMC sees Russia's recurring war on Ukraine as a key driver of inflationary pressures

The Fed will certainly proceed with its balance sheet reduction plan introduced in May

The Fed will certainly proceed with its balance sheet reduction plan introduced in May

Photo Credit: nytimes.com

Economic projections made by meeting participants are less optimistic than those submitted at the June meeting

Economic projections made by meeting participants are less optimistic than those submitted at the June meeting

Photo Credit: wikipedia.org

Everything You Wanted to Know about Cryptocurrency, Before Invest

Everything You Wanted to Know about Cryptocurrency, Before Invest

Photo Credit: wikipedia.org

References:- 1. investopedia.com 2. nytimes.com 3. wikipedia.org 4. federalreserve.gov

References:- 1. investopedia.com 2. nytimes.com 3. wikipedia.org 4. federalreserve.gov

Photo Credit: wikipedia.org