BQPrime
•79% Informative
Fed Seen Signaling Signaling One More Hike And Pushing Out 2024 Rate Cuts.
The Federal Open Market Committee will keep rates steady in the 5.25% to 5.5% range at its Sept. 19-20 meeting.
Fed Chair Jerome Powell and his colleagues have signaled plans to pause hikes this month .
Almost all the economists expect the guidance in the statement to be maintained, with the committee hinting at the possibility of more tightening. The FOMC will continue to shrink the balance sheet through not replacing maturing bonds, and the economists expect this to continue even after the start of rate cuts. The median economist expects the balance sheet to drop to $7.8 trillion by December and $6.8 trillion by 2025 . More stories like this are available on bloomberg.com 2023 Bloomberg L.P ..
VR Score
88
Informative language
97
Neutral language
38
Article tone
formal
Language
English
Language complexity
48
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links