Wednesday, June 15, 2016

To no one's surprise, FOMC decided to not raise interest rates in June

Unsurprisingly, the Federal Open Market Committee decided to not raise the federal funds rates due to recent economic factors. And now that the June meeting is over, eyes are already turning to July as a possibility. There are four meetings left in 2016, in which one will the Fed choose to raise rates, if at all?

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