FBC Making July 3, 2024
Edward. Reporter Federal Reserve has left rates unchanged. This is the sixth pause in a row for this. Now with the first line of the statement has a word thats been added to it. It says the Economic Activity continued to expand at a solid pace. Now the statement says that the fed sees job gains remaining strong. The fed also sees inflation easing over the past year but remaining elevated. The Committee Also changed the statement to say that employment and inflation goals have moved into better balance over the past year. The fed leaves one sentence in. Its a very key sentence, saying it needs ...