FED NEXT MEETING DATE 2017 MOVIE

FED NEXT MEETING DATE 2017 MOVIE

That has been captured in data as varied as continued job growth, strong vehicle sales, and the gargantuan attendance numbers from the new 'Barbie' movie to the Taylor Swift concerts that earned a mention in the central bank's most recent 'Beige Book' report on economic activity. The Fed statement nodded to the economy's continued outperformance. 'Our view is the Fed is likely done with rate hikes for this cycle since continued easing of inflation will passively lead to tighter policy as the Fed holds the nominal fed funds rate steady into 2024.'

'The forward guidance remains unchanged as the committee leaves the door open to further rate hikes if inflation does not continue to trend lower,' said Kathy Bostjancic, chief economist at Nationwide. Futures markets showed little change in bets on the path of Fed rate increases over the remainder of the year, with small odds given to a rise in September. Treasury yields slid in choppy trading after the release of the Fed policy statement, while U.S. 'We'll be comfortable cutting rates when we're comfortable cutting rates, and that won't be this year,' Powell said. He cautioned, however, against expecting any near-term easing in rates. 'It is certainly possible that we would raise the (federal) funds rate again at the September meeting if the data warranted, and I would also say it's possible that we would choose to hold steady at that meeting' if that was the right policy call, Powell said. Powell said decisions would continue to be made on a meeting-by-meeting basis and that officials can only provide limited guidance about what's next for monetary policy in the current environment. Federal Reserve Board Chairman Jerome Powell arrives to a news conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 26, 2023.

Fed next meeting date 2017