The Fed Funds rate was increased by 75 basis points (bps) for the third consecutive meeting at the FOMC meeting on September 21 in order to raise the benchmark rate to 3%-3.25%. The meeting's minutes stated that doing too little is more expensive than doing too much. They also mentioned that in order to lower the excessive inflation, the labour market would need to shrink.
0 0 Share
xtreamforex xtreamforex
100 views

FOMC Minutes show Fed is serious about inflation

Uploaded 2 years ago

The Fed Funds rate was increased by 75 basis points (bps) for the third consecutive meeting at the FOMC meeting on September 21 in order to raise the benchmark rate to 3%-3.25%. The meeting's minutes stated that doing too little is more expensive than doing too much. They also mentioned that in order to lower the excessive inflation, the labour market would need to shrink.

Tip: Use Image link when sharing on other sites. Image URL has limited bandwidth.
Edit or resize any image by clicking the image preview
Edit any image by touching the image preview
Uploading 0 image (0% complete)
The queue is being uploaded, it should take just a few seconds to complete.
Upload complete
Uploaded content added to . You can create a new album with the content just uploaded.
Uploaded content added to .
You can create a new album with the content just uploaded. You must create an account or sign in to save this content into your account.
No image have been uploaded
Some errors have occurred and the system couldn't process your request.
    Sign up to be able to create private albums and delete images after upload.
    or cancelcancel remaining
    Note: Some images couldn't be uploaded. learn more
    Check the error report for more information.
    JPG PNG BMP GIF WEBP 50 MB
    reset close cancel cancel remaining