🇺🇸 Fed Signals Steady Policy Path, Highlights Solid Growth, Low Unemployment, and Ongoing QT
Key points from the Fed’s latest FOMC statement:
📌 Economic activity continues to expand at a solid pace, despite fluctuations in net exports
📌 Unemployment remains low, and labor market conditions are stable
📌 Inflation is still somewhat elevated
📌 Balance sheet reduction (QT) will continue
📌 The Fed remains committed to its dual mandate: maximum employment and 2% inflation
📌 The Fed is prepared to change its policy stance if new risks emerge
👀👀👀