Fedspeak

ECONOMIC WEEK AHEAD: September 21 - 25

The Federal Reserve raised the federal funds rate (FFR) by 25bps on Wednesday, lifting the target range to 3.75%-4.00%. The vote was unanimous. Fed Chair Kevin Warsh cited stronger growth, insufficient progress on inflation, and rising geopolitical risk as reasons for the move. The Fed's updated projections show inflation not returning fully to target until 2029, while growth and employment forecasts improved. Global bond yields