Hosted by Jarrod Swanson - Realtor and Mortgage Broker. jarrod@tlcco.com
Disclaimer: This episode is for informational purposes only and should not be considered financial, legal, or investment advice. Please consult with a licensed financial advisor, attorney, or tax professional for advice specific to your situation.
๐งพ Economic Conditions
Economic activity continues to expand at a solid pace.
Net export swings have influenced recent data, but the overall trend is positive.
The unemployment rate remains low and has stabilized in recent months.
Labor market conditions remain solid.
Inflation is still somewhat elevated, though not accelerating.
The Committee aims for:
Maximum employment
2% inflation over the longer run
Uncertainty about the economic outlook has increased.
Risks to both employment and inflation have risen but remain under evaluation.
The federal funds rate will remain at 4.25% to 4.50%.
The Committee will:
Carefully assess incoming data, economic trends, and risk balance.
Continue reducing holdings of Treasury securities, agency debt, and mortgage-backed securities.
Stay committed to maximum employment and 2% inflation.
The Committee will monitor economic data to guide policy decisions.
It is prepared to adjust policy if needed to meet its goals.
Assessments will consider:
Labor market conditions
Inflation pressures and expectations
Financial and international developments
๐ฏ Federal Reserve's Dual Mandate๐ Monetary Policy Decisions๐ Ongoing Assessment