June 24 FOMC Statement Indicates the Fed Will Continue Its Pause in Interest Rate Hikes

michaelarbogast1
Jul 11, 2023
1 min read

As shown in the attached, marked version of the June 24 FOMC statement, the Fed clearly indicates a "wait-and-see" approach to see if its current target range for the federal funds rate at 5 to 5.25% is sufficient to curtail inflation without overly constraining economic growth.

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June 24 FOMC Statement Indicates the Fed Will Continue Its Pause in Interest Rate Hikes

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