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Fed Statement Summary
Summary of the Federal Reserve's policy statement on interest rates, economic outlook, and future plans.
English
United States
EconomyUs PoliticsInflationInterest RatesFederal ReserveMonetary Policy
Federal Reserve
Jerome H. PowellJohn C. WilliamsThomas I. BarkinMichael S. BarrRaphael W. Bostic
- What information will the Committee consider in its assessments?
- The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and expectations, and financial and international developments.
- What is the Committee's plan regarding its holdings of securities?
- The Federal Reserve will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities.
- What action did the Federal Reserve take regarding the federal funds rate?
- The Federal Reserve lowered the target range for the federal funds rate by 1/4 percentage point to 4-1/2 to 4-3/4 percent to support its goals of maximum employment and 2 percent inflation.
- What is the Committee's assessment of the current economic outlook and risks?
- The economic outlook is uncertain, with risks to both sides of the dual mandate (employment and inflation) being roughly balanced, according to the Committee.
- What factors will the Committee consider when making future adjustments to the federal funds rate?
- The Committee will carefully assess incoming data, the evolving outlook, and the balance of risks when considering additional adjustments to the federal funds rate.