Fed Leaves Rates Unchanged, Current Range Deemed “Accommodative”

Facebooktwitterlinkedin

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 ›

Facebooktwitterredditpinterestlinkedinmail
Show Buttons
Hide Buttons