Latest Updates: Related to Inflation

Fed Hikes 25, Sept Call Remains Data Dependent


In a widely expected move, the FOMC voted unanimously to increase the overnight funds target by 25 basis points to a new target range of 5.25% - 5.50%. After pausing at the June meeting, Fed officials resumed their tightening campaign despite the appearance of waning inflationary pressure.

The official statement, released at the conclusion of the meeting, offered few clues as to what action the committee may take at the next scheduled meeting on September 20th. The statement was little changed from June, with members pledging to monitor incoming data, prepared to adjust policy as deemed appropriate.

Read the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Fed Minutes Caution, Factory Outlook Sours, and Jobs Postings Linger

Scattered Signs of Labor Softness Not Enough to Dissuade Fed

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.