{"id":86389,"date":"2023-11-02T01:48:36","date_gmt":"2023-11-02T05:48:36","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86389"},"modified":"2023-11-02T01:43:44","modified_gmt":"2023-11-02T05:43:44","slug":"fed-holds-rates-steady-upgrades-assessment-of-economic-growth","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2023\/fed-holds-rates-steady-upgrades-assessment-of-economic-growth.html","title":{"rendered":"Fed holds rates steady, upgrades assessment of economic growth"},"content":{"rendered":"\n<p>(CNBC) The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank\u2019s target. In a widely expected move, the Fed\u2019s rate-setting group unanimously agreed to hold the key federal funds rate in a target range between 5.25%-5.5%, where it has been since July. This was the second consecutive meeting that the Federal Open Market Committee chose to hold, following a string of 11 rate hikes, including four in 2023.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/11\/01\/fed-meeting-november-2023-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank\u2019s target. In a widely expected move, the Fed\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86389","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86389"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86389\/revisions"}],"predecessor-version":[{"id":86390,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86389\/revisions\/86390"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}