Recap of the FOMC, "as expected" … but US Congress fiscal policy remains an unknown
Via CIBC Research on Wednesday's FOMC policy statement.
"Today's FOMC announcement unfolded largely as expected, with policymakers commenting that economic activity and employment remain well below where they stood prior to the pandemic, despite picking up somewhat in recent months. Indeed, the outlook has become increasingly uncertain since the last meeting on account of the surge in
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