Hacker News with Generative AI: Monetary Policy

Federal Reserve issues FOMC statement (federalreserve.gov)
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook has increased further. The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen.
Federal Reserve keeps rates unchanged (federalreserve.gov)
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.
Russia braced for mammoth rate hike as it's losing the battle against inflation (cnbc.com)
Volcker's Announcement of Anti-Inflation Measures (federalreservehistory.org)