Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate...

Fed Holds Policy Steady, Expresses More Caution Than Expected on September Rate Cut

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Source: Coindesk.com

The Fed held policy steady, as expected, but the policy statement was more hawkish than most anticipated. At his post-meeting press conference, Chairman Jerome Powell indicated the central bank was "moving closer" to the point where it might cut rates.

As expected, the U.S. Federal Reserve left its benchmark fed funds

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Source: Coindesk.com

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