Latest Updates: Related to Inflation

Market Yawns as Fed Treads Familiar Path

04/28/2021

Fed officials concluded their two day FOMC meeting this afternoon, with no change in the overnight funds target or the amount of monthly assert purchases. No surprise here. Committee members made several minor changes to the single-page official statement, acknowledging progress on vaccines, improvement in the service sector, and a rise in inflation (albeit “transitory”).

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