Fed Leaves Rates Unchanged, Current Range Deemed "Accommodative"

On Wednesday, November 1, the Federal Open Markets Committee ("FOMC") decided to leave its interest rate, the federal funds rate, unchanged at a range of 1.00 to 1.25 percent. Although the effects of the past hurricanes have reversed the longer trend in both employment and inflation, the hurricanes' impacts are expected to fade and the longer-trend will reappear. In the... Read More ›...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2h91OJx
via IFTTT