Markets Sigh as the Fed Indicates No Change for Now

07/28/2021

This afternoon, Fed officials voted unanimously to hold interest rates steady. In the official statement released at the conclusion of the July FOMC meeting, committee members acknowledged the U.S. economy has made progress toward meeting the goals necessary to taper asset purchases, but will continue to monitor that progress. Since the Fed has been adamant it will give ample notice before tightening policy, it’s now less likely that tapering will be announced at the next FOMC meeting in September. For now, the $120 billion in monthly QE asset purchases will continue.

Download the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Retail Sales Cool, Producers Prices Boil

Labor and Materials Shortages to Challenge Otherwise Optimistic Homebuilders

logo
Thank you for visiting the HTS Commodities website. For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.