FOMC raises the borrowing rate half a percentage point, capping a series of four consecutive three-quarter-point hikes.
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Much Ado About Nothing
The Fed votes on the fate of the federal funds rate once again today. What came of it this time?
Read More »Fed Nixes Rate Hike in May Meeting
The Federal Open Market Committee opted to keep the federal funds rate as-is during its May meeting. The FOMC raised the rate in March from 0.75 to 1 percent. It was largely expected that the FOMC would raise rates at least two more times over the course of 2017.
Read More »The Rate Hike and What’s to Come
The Federal Reserve Rate Hike yesterday was no surprise, but what should we be looking for now?
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