Weekly Economic & Financial Commentary: Outlook for Fed Policy Remains Highly Uncertain

Summary United States: One Day or Another: FOMC Still in Wait-and-See Mode In this week’s most closely-watched release, the FOMC elected to maintain its federal funds rate target at 4.25%–4.50%, citing continued economic resilience and still-elevated inflation. With the incoming data broadly continuing to point to a U.S. economy that is slowing but not grinding […]

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