Here's everything to expect when the Fed wraps up its meeting Wednesday [MSNBC.com]
Goldman Sachs Group, Inc. (The) (GS)
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Source: MSNBC.com
Federal Reserve Chairman Jerome Powell prepares to testify before the Senate , Housing and Urban Affairs Committee on March, 7 2024.Kent Nishimura | Getty Images News | Getty ImagesFaced with stubborn inflation that has raised concerns about where policy is headed, the Federal Reserve has been ensnared in a holding pattern that likely will be reflected when it closes its meeting Wednesday. That will keep the Fed's key overnight borrowing rate in a range targeted between 5.25%-5.5% for what could be months — or even longer.Recent commentary from policymakers and on Wall Street indicates there's not much else the committee can do at this point."Pretty much everybody on the FOMC is talking from the same script right now," said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott. "With maybe one or two exceptions, policymakers pretty universally agree that the last few months of inflation data are too warm to justify action in the near term. But they're still hopeful that
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- 4/15/24 - Beat
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Sec Filings
- 5/21/24 - Form 424B2
- 5/21/24 - Form 424B2
- 5/21/24 - Form 424B2
- GS's page on the SEC website