MNI: mni: fomc maintains rate target at 3.5%-3.75%; vote 10-2

Jan-28 19:00
  • MNI: FOMC MAINTAINS RATE TARGET AT 3.5%-3.75%; VOTE 10-2
  • GOVS WALLER, MIRAN DISSENT IN FAVOR OF 25 BP CUT
  • NO CHANGE TO GUIDANCE ON FUTURE CUTS
  • FED: UPGRADES GROWTH TO 'SOLID' FROM 'MODERATE'
  • FED: UNEMPLOYMENT RATE'SHOWN SOME SIGNS OF STABILIZATION'
  • FED: INFLATION REMAINS SOMEWHAT ELEVATED