Powell Says Fed’s Inflation Outlook Doesn’t Support Rate Cuts

Support for Quarter-Point Hike ‘Very Strong’: Powell

Powell Says Rate ‘Not Far Off’ From Restrictive Level

Powell Says Whether Rates Are Sufficiently Restrictive Is an ‘Ongoing Assessment’

Powell Calls JPMorgan-First Republic Deal ‘Good Outcome’

Powell Says Debt Ceiling Should Be Raised in Timely Way

Powell Expects Modest Economic Growth

Powell Notes Signs of Better Balance in Labor Market

Powell Says Banking-Sector Conditions ‘Broadly Improved’

Decision Is Unanimous

Dollar Spot Index Drops

Stocks Pare Gains After Hitting Session High

2-Year Treasury Yield Falls

Strikethrough Comparison of Statement Texts

Text of Statement

Key Takeaways From Fed Statement

Fed: Extent to Which More Firming Needed Hinges on Economy

Fed Omits Prior Language That Signaled More Hikes Ahead

Fed Raises Benchmark Rate 25 Bps to 5%-5.25% Target Range

Key Events

ImageLede

Federal Reserve/Labor Market Reporter

Senior Editor

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