The Federal Reserve Kept Interest Rates Unchanged

Laurentiu Chisca
07-31

1.

The Federal Reserve kept interest rates unchanged for the fifth consecutive meeting in a 9–2 vote, with Waller and Bowman dissenting in favor of a 25 bps cut.

Economic growth has moderateThed, inflation remains “somewhat elevated,” and the labor market stays “solid” with low unemployment. The pause persists despite president Trump urging 300 bps in cuts. $Dow Jones(.DJI)$ $USD Index(USDindex.FOREX)$

2.

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