Market Wrap Recap – The Fed Left Rates Unchanged
October 05, 2023 at 12:37 PM EDT
At the September FOMC meeting, the Fed left rates unchanged but used hawkish rhetoric to signal that rates will stay higher for longer. Even though inflationary pressures appear to be under control for now… consumer spending is still strong. Historically, inflation has been known to remain sticky, as evidenced in the 1970s high inflationary environment. [...] The post Market Wrap Recap – The Fed Left Rates Unchanged appeared first on ETF Trends .
