Browsing: FOMC

Economy

As expected by economists, the Federal Open Market Committee today voted unanimously to hold the target range for the federal funds rate steady at 1.5% to 1.75%.

Economy

The U.S. economy is well-positioned at the start of 2020, with unemployment at a 50-year low, “solid” GDP growth and wages rising in line with productivity growth, Federal Reserve Vice Chairman Richard Clarida said today in New York.

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