Fed Maintains Rates for the Fifth Consecutive Meeting
In his second Federal Open Market Committee (FOMC) meeting as chairman, Kevin Warsh announced that the FOMC voted to maintain the federal funds rate at 3.5% – 3.75%, marking the fifth consecutive meeting that has left rates unchanged. During a press conference following the committee meeting, Warsh said he wouldn’t characterize this as a “pause”…
The post Fed Maintains Rates for the Fifth Consecutive Meeting appeared first on RISMedia.
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