The FOMC keeps rates unchanged. Targets 1.5% to 1.75%.

  
  Analysis

FOMC keeps rates unchanged

  • Target rate remains at 1.5% to 1.75%
  • Interest rate on excess reserves 1.6% versus 1.55%

Fed’s Powell hold his post FOMC meeting press conference starting at 2:30 PM ET/1930 GMT

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