Reuters was first to report that the U.S. Federal Reserve held interest rates steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses.
EconomyGovernmentPolitics
Fed keeps rates steady, toughens policy stance as ‘soft landing’ hopes grow
20 September 2023, 2:38 pm 1 minute
Market Impact
Indeed, monetary policy is expected to remain slightly restrictive into 2026 while the economy continues to largely grow at its estimated trend level of around 1.8%.
Article Tags
Topics of Interest: EconomyGovernmentPolitics
Type: Reuters Best
Sectors: Economy & PolicyGovernment & Public Services
Regions: Americas
Countries: US
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
