Latest Updates: Related to Inflation

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

Markets Still Jittery Despite Powell’s Assurance of Continued Accommodation

Negative Q2 GDP Signals Technical Recession

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