Here's what changed in the new Fed statement

[NewsFeeder]

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on March 16.

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[James48843]

If I read that right, it is saying the Fed is going to bump up to a target of from 3/4% (0.75%} to 1% (one %).

Is that correct? That’s why stocks jumped?

We are talking about a total of 1% right now?

Heck- it used to be normal to have a fed funds rate of like 4 to 6%, didn’t it?

That’s good for G fund holding, too. G fund will pop higher returns. I


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