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Special Report: The Fed Acknowledges Economic Reality

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This week’s Economic Perspective is a special report.
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As widely anticipated, the Federal Reserve held policy rates steady at its FOMC meeting yesterday, with the federal funds target remaining in a range of 5.25% to 5.5%. At the same time, the Fed delivered a hawkish message with respect to economic growth and the future path of policy rates... READ MORE

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September 22, 2023
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