SUMMARY OF FED DECISION (11/1/23): 1. Fed leaves rates unchanged for second straight time 2. Fed will assess extent of "additional tightening" 3. Tighter credit conditions continue to weigh on economy 4. Fed will "continue to assess additional information" 5. Inflation target remains at 2% The Fed is bracing for a LONG PAUSE.
1. Fed leaves rates unchanged for second straight time
2. Fed will assess extent of "additional tightening"
3. Tighter credit conditions continue to weigh on economy
4. Fed will "continue to assess additional information"
5. Inflation target remains at 2%
The Fed is bracing for a LONG PAUSE.