The Fed remains Hawkish (E8)

The Federal Reserve, the central banking system of the United States, continues to demonstrate its unwavering commitment to maintaining a steady 2% inflation rate target. This target serves as a crucial pillar of the Federal Reserve’s monetary policy framework, aimed at promoting price stability and fostering sustainable economic growth. By adhering to this objective, the Federal Reserve strives to strike a delicate balance that supports robust economic activity while keeping inflation in check. Through meticulous monitoring, analysis, and adjustments to interest rates and other monetary tools, the Federal Reserve efficiently manages the economy, navigating the complex dynamics of inflation to ensure a stable and prosperous financial landscape for the nation. Things to lookout for the week of August 22; Existing Home Sales, Building Permits, New Home Sales, Initial Jobless Claims and Powell Speech on Friday August 25th.