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"Instant Answers": 75bp Hike; Fed Keeps Guidance For "Ongoing Increases"

FED
(MNI) WASHINGTON
  • Federal Funds Rate Range Maximum: 2.5%
  • Total Dissenters: ZERO
  • Number of dissenters favoring a smaller rate hike: ZERO
  • Number of dissenters favoring a larger rate hike: ZERO
  • Interest Rate Paid on Reserve Balances (IORB): 2.4%
  • Offering Rate on Reverse Repurchase Agreement Operations (ON RRP): 2.3%
  • Does the FOMC acknowledge that energy prices have eased since June, in the 1st paragraph? NO
  • Does the FOMC revise the guidance "anticipates that ongoing increases in the target range will be appropriate"? NO
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | jean.yung@marketnews.com

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