Tag Archives: fomc

FED on hold with rates

After raising the interest rates on March 15 to range of 0.75-1.0%, FED stays on hold today with no changes in policy. The FOMC statement for the May 2017 meeting Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen even as growth in economic activity

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The FED hike rates to range of 0.75-1.00%

Prior was 0.50%-0.75% Policy to support sustained return to 2% inflation Repeats labor market strengthening, job gains solid Business investment appears to have firmed somewhat Rate hikes to be ‘gradual’, that’s a small change from ‘only gradual’ previously Repeats that near-term risks to outlook ‘roughly balanced’ Excluding food and energy, inflation is still below 2% FOMC Statement from the Federal Reserve

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FED raised rates for the first time in 2016

The Federal Reserve increased its key interest rate by 0.25% on Wednesday. It signified the Fed’s confidence in the improving U.S. economy. Rising rates will affect millions of Americans, including home buyers, savers and investors. Fed officials raised its target for short-term interest rates by 0.25 percentage points to a range of 0.50% and 0.75%. It was just the second

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