“As expected, the Federal Reserve did not change its federal funds rate target at the September meeting. However, the FOMC members’ projections signal that they believe they are not yet done in their fight to bring inflation down. The majority of FOMC members still expect another hike this year, even though core inflation has slowed." --MBA Chief Economist Mike Fratantoni

Launched in 2022, the CREF Careers Student Fellowship program is an equity-driven initiative established to serve students of diverse identities. Through industry exposure and a career-advancement curriculum, Fellows will receive a one-of-a-kind introduction to the $4.5 trillion industry, its leaders, and other professionals. Click through to meet the 12 students chosen as the 2023 CREF Careers Fellowship Winners.