Waller says price stability is the foundation of economic growth; previously, the Federal Reserve raised interest rates by 25 basis points.
智通财经2026/09/16 19:41Federal Reserve Chair Walsh emphasized at the press conference that stabilizing consumer prices is crucial for driving U.S. economic growth. Previously, the Federal Reserve raised the benchmark interest rate by 25 basis points. Walsh stated: “Price stability is the foundation of economic growth. I believe we have taken an important step toward achieving this goal today. Part of the reason is that we have withdrawn the portion of the easing policy previously mentioned.”
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.
You may also like
Bank of America Prime Rate of 7.00% effective from September 17
US Equity Markets End Lower After Federal Reserve Increases Policy Rate
The Federal Reserve releases another "minimal statement"; full text compared with the Fed's September meeting statement
On September 16, the Federal Reserve announced a 25 basis-point interest rate hike, raising the target range for the federal funds rate to 3.75%–4.00%, with unanimous approval from all 12 votes. Compared to the July statement, this statement removed the specific mention of the "Middle East conflict," replacing it with "developments in geopolitical situations." It also added the phrase "domestic spending remains resilient," and simplified the language regarding inflation to "remains elevated." Overall, the communication style continues the minimalist approach of the new Chairman Walsh.
Crypto prices
More
