Second Look at the Federal Open Market Committee July Meeting – Two Bullets Dodged, What Next?

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The minutes from the July meeting of the Federal Open Market Committee (FOMC) confirm that the committee viewed the combination of an abrupt slowdown in payroll employment growth in May, and the uncertainty surrounding the implications of the UK referendum on leaving the European Union (“Brexit”) in late June, was too much risk to bear, and chose not to take… Read More ›

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