Powell adds that the outlook for economic activity has “clearly improved” since last meeting.
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- Powell says economy on ‘firm footing’ coming into 2026
- Powell says current policy stance ‘appropriate’ to make progress on dual goals
- Federal Reserve leaves funds rate unchanged at 3.50% – 3.75%
- Fed cites unemployment stabilization in holding rates steady
- Fed’s Miran and Waller wanted to cut rates at today’s meeting