FOMC statment
FOMC Statement and Powell Press Conference
February 1, 2023
The FOMC agreed to the as-expected 25-basis point interest rate hike, lifting the federal funds target range to 4.50-4.75%, and to continuing the balance sheet reduction by not reinvesting all maturing assets purchased when the Fed was easing in a quantitative way. Not only was the size of the interest rate hike the smallest since […] More
