The Fed is holding interest rates steady. This won't last much longer.
By Ryan McMaken
> Most Fed watchers think the Fed will cut rates in September. That's a good guess because the Fed is acting like rate cuts are coming soon.
FOMC:
> The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.
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