Curious why the Fed left rates unchanged on Wednesday, November 1st, 2023?

Our very own Brooke May, CFP® told Buy Side from the Wall Street Journal, “There’s a lag between when the Fed makes the rate change and when we see the impact in the economy… and because of that lag, they have to take a cautious approach to ensure that they don’t go too far and overshoot.”

Check out the full article and more insights on the Fed’s decision here:

 https://www.wsj.com/buyside/personal-finance/fed-rate-decision-november-2023-savings-cds-c98d4c07