The Fed: Fed meeting’s outcome could depend on a single sentence

by | May 2, 2023 | Stock Market

More than at most of its meetings, the Federal Reserve’s decision on Wednesday is going to come down to a single sentence in which the central bank tries to describe where it thinks its policy is headed next. At its last meeting in March, the Fed’s key statement read: “The Committee anticipates that some additional policy firming may be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2% over time.” The…

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