Here's What Changed in The New Fed Announcement
By: Mortgage News Daily | Published: 2025-06-18 18:00:00 | Source: www.mortgagenewsdaily.com
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, remains low, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook has increased further. diminished but remains elevated. The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen. mandate. In support of its goals, the Committee decided to maintain the target range for the federal funds rate…… Read More
