The Federal Reserve Open Market Committee raised the fed funds rate today by another 0.75%, to a range of 3.00-3.25%. The vote was unanimous, with no dissents.

The formal statement language was hardly changed at all, only noting an upgrade from ‘softening’ to ‘modest growth’ in spending and production. The Fed has hiked by a total of 3.00% so far since they began in March…..

Click here to view the full article

Source: LSA Connect

September 21, 2022


Important Client Disclosures
ADV - Investment Adviser Public Disclosure

Follow Centauri Advisory, Inc. on Twitter Like Centauri Advisory, Inc. via Facebook Connect with Centauri Advisory, Inc. via LinkedIn
with © 2024