# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CzHXm-zLHKK
- **Gondola URL:** https://gondola.cc/posts/17858589-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/64c9184225.jpg
- **Posted:** 2023-11-01T19:27:33.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

The Federal Reserve opted to maintain interest rates Wednesday at the range of 5.25% to 5.5% during its November meeting, as widely anticipated by the market.

In the Federal Open Market Committee statement, the Fed reaffirmed its strong commitment to achieving its 2% inflation target. To do so, it will continue to closely monitor incoming economic data and the evolving economic outlook, while remaining ready to adjust its monetary policy should any factors arise that could hinder the FOMC’s goals.

Therefore, there’s no clear message the Fed plans to stop raising rates, leaving room for adjustments based on changing economic conditions.
.
.
#ratehike #fedreserve

## Stats

- **Views:** 0
- **Likes:** 206
- **Shares:** 0
- **Comments:** 3

## Tags

fedreserve, ratehike

---
Copyright (c) Gondola