🚨FOMC: The Fed holds rates at 3.50% to 3.75%, but the message is HAWKISH - The decision passed by a 9-3 vote - Three officials voted for a 25-basis-point hike - Inflation remains above the Fed’s 2% target - Energy supply shocks are pushing prices higher - Economic activity continues to expand at a solid pace - Productivity and capital investment remain strong - The Fed pledged to “deliver price stability” This was not a neutral pause. Rate hikes remain firmly on the table.(Coin Bureau)