FOMC Statement and Some Comments on the Subsequent Press Conference

The federal funds target was kept at 5.25-5.50 percent for the second review in a row. Beginning with the meeting in March 2022 and without any pause, the rate was lifted initially 25 basis points, then 50 bps in May, 75 bps each in June, July, September and November, 50 bps in December and 25 […]