Fed Statement Confirms That Rate Hikes Are Over, but Cuts Aren’t Imminent

Fed Statement Confirms That Rate Hikes Are Over, but Cuts Aren’t Imminent

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Federal Reserve officials’ policy statement on Wednesday omitted language suggesting that there are more interest-rate increases to come, suggesting that the central bank had moved to a more neutral stance. It’s a confirmation that monetary policy has now entered the next phase of this cycle—in…

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