CBC Partners with Stifel Financial Corp. to Discuss Fed Maintains Accommodative Posture, Keeps Remaining Policy Tools in Reserve

Provided By: Lindsey M. Piegza, Ph.D., Chief Economist 
“Fed Maintains Accommodative Posture, Keeps Remaining Policy Tools in Reserve”
"At the latest FOMC meeting, the Federal Reserve opted to keep rates steady in a range of 0.00% to 0.25%, as they have since March. The Fed, furthermore, recommitted to maintaining the numerous liquidity and lending programs put in place at the onset of the pandemic and the current pace of $120 billion per month in asset purchases. In other words, aside from a renewed push for fiscal support, and despite some monetary tools still available for further economic support, policy was broadly kept unchanged."
The full report is available here.
Stifel Financial Corp. is a diversified financial services holding company that conducts its business through several wholly owned subsidiaries. Its primary broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, is a full-service brokerage and investment banking firm established in 1890. Stifel Financial Corp. was formed as a holding company in July 1983 and is publicly traded on the New York Stock Exchange under the symbol "SF."