/biz/ - Business & Finance

I tried to catch the falling Rivian knife and it's still falling! Save me AMZN!

>>57680055
Get fucked retard.
>In support of the Committee’s goals to achieve maximum employment and inflation at the rate of 2 percent over the longer run, members agreed to maintain the target range for the federal funds rate at 5¼ to 5½ percent. Members concurred that, in considering any adjustments to the target range for the federal funds rate, they would carefully assess incoming data, the evolving outlook, and the balance of risks. Members agreed that they did not expect that it would be appropriate to reduce the target range until they have gained greater confidence that inflation is moving sustainably toward 2 percent. In addition, members agreed to continue to reduce the Federal Reserve’s holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. All members affirmed their strong commitment to returning inflation to the Committee’s 2 percent objective
HIGHER FOR LONGER UNTIL WE HIT 2 PERCENT. You fucking retards better get used to it and stop crying about your little rate cuts.