What Does The FOMC's Shift In Fed Funds Rate Target Language Mean?
from the Richmond Fed
– this post authored by Alexander L. Wolman
In September 2020, the Federal Open Market Committee shifted its language regarding maintaining the federal funds target range. The FOMC was now planning to maintain the rate until the economy not only was moving in the preferred direction but had actually achieved its goals. Taken in isolation, this shift presents some risks, but the additional language in FOMC statements makes clear that the committee will further shift its plans should conditions arise that compromise its goals.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202107170509
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).