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FOMC Raises Fed Funds Rate 25bps To 5.25%-5.5% Range

FED
  • MNI: FOMC RAISES FED FUNDS RATE 25BPS TO 5.25%-5.5% RANGE
  • FED: TO DETERMINE EXTENT OF ADDITIONAL POLICY FIRMING
  • FED: 'WILL CONTINUE TO ASSESS ADDITIONAL INFORMATION'
  • FED: ECONOMY GROWING AT MODERATE PACE (VS 'MODEST' PREV)
  • FED: INFLATION REMAINS ELEVATED

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