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“Today, we decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings,” Fed Chair Powell says. Looking ahead, “our decisions will be based on our ongoing assessments of the incoming data and the evolving outlook and risks.” pic.twitter.com/3c9KeIkvEb
— Yahoo Finance (@YahooFinance) September 20, 2023
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“I’ve always thought that the soft landing was a plausible outcome, that there was a path to a soft landing,” Fed Chair Powell says. “I do think it’s possible. I also think this is why we’re in a position to move carefully.” Full comments: pic.twitter.com/9caQ2SvWU2
— Yahoo Finance (@YahooFinance) September 20, 2023
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“The fact that we decided to maintain the policy rate at this meeting doesn’t mean that we’ve decided that we have or have not at this time reached that stance of monetary policy that we’re seeking,” Fed Chair Powell says. pic.twitter.com/1WEtE0i40m
— Yahoo Finance (@YahooFinance) September 20, 2023
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