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Monetary Policy Report
The Federal Open Market Committee (FOMC) is firmly committed to fulfilling its statutory mandate from the Congress of promoting maximum employment, stable prices, and moderate long-term interest rates. The Committee seeks to explain its monetary policy decisions to the public as clearly as possible. Such clarity facilitates well-informed decisionmaking by households and businesses, reduces economic and financial uncertainty, increases the effectiveness of monetary policy, and enhances transparency and accountability, which are essential in a democratic society. Employment, inflation, and long-term interest rates ... (full story)
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Fed: US Inflation Has Slowed Notably, Remains Elevated - MonPol Report
— DB News TradFi (@DBNewswire) March 1, 2024
Fed: 6-Month Core PCE Rose at Annual 2.5% Rate; Inflation Measured Over Relatively Short Periods May Exaggerate Idiosyncratic, Temporary Factors
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— FinancialJuice (@financialjuice) March 1, 2024
FED: IT IS NOT APPROPRIATE TO REDUCE TARGET RANGE UNTIL WE HAVE GREATER CONFIDENCE INFLATION MOVING SUSTAINABLY TOWARD 2%.
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— FinancialJuice (@financialjuice) March 1, 2024 FED: WAGE GAINS SLOWED IN 2023, BUT REMAIN ABOVE PACE CONSISTENT WITH 2% INFLATION.
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— FinancialJuice (@financialjuice) March 1, 2024 FED: THE LABOR MARKET HAS REMAINED RELATIVELY TIGHT, DEMAND HAS EASED, SUPPLY HAS TRENDED HIGHER.
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