Fed Statement: March vs May – by MSalordFX Fed CentralBanks
percent. The Committee will closely monitor incoming information and assess the implications for monetary policy.additional policy firming may be appropriateto return inflation to 2 percent over time, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.
Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michael S. Barr; Michelle W. Bowman; Lisa D. Cook; Austan D. Goolsbee; Patrick Harker; Philip N. Jefferson; Neel Kashkari; Lorie K. Logan; and Christopher J. Waller.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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