- The FOMC raised interest rates by a quarter-point at this week’s meeting.
- The accompanying policy statement ran 130 words, the most terse since 2007, per Bank of America.
- MarketWatch frames the statement’s brevity as a signal for market stability.
Quotes
“Bank of America calculates this week’s Federal Open Market Committee statement explaining the decision to lift interest rates by a quarter-point as its most terse, at just 130 words, since 2007.”