FOMC Statement Change Overview: Stable Unemployment Rate Clause Removed, Added "Economic Impact of Middle East Tensions Remains Uncertain"
BlockBeats News, March 19, a summary of changes in the Federal Reserve FOMC statement compared to January:
Changed "The unemployment rate has shown some signs of stabilization" to "The unemployment rate has changed little in recent months";
Added "The impact of the evolving Middle East situation on the U.S. economy remains uncertain";
Fed Governor Waller, who supported a 25 basis point rate cut at the last meeting, now supports keeping rates unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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