Another Fed meeting, another fed rate cut
In support of its goals, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4-1/4 to 4-1/2 percent
1 dissenting vote &:
The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance.
Means we might be in a holding pattern before more rate cuts.
But we’ll see what tariffs have to say:
The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate.