Fed's Goolsbee Says September Meeting Is 'Live,' No Decision Made Yet

The official's comments indicate that the central bank has not committed to a specific policy action for its next major meeting.

Summary

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Terms & Concepts
  • Live Meeting (Fed Context): A term used by Federal Reserve officials to indicate that a policy decision at an upcoming meeting is not predetermined and will depend on incoming economic data.
  • Monetary Policy: Actions undertaken by a central bank to manipulate the money supply and credit conditions to stimulate or restrain economic activity. These policies heavily impact cryptocurrency markets.