The Housing Chronicles Blog: Federal Reserve opts to hike key interest rate another 1/4 point

Wednesday, June 14, 2017

Federal Reserve opts to hike key interest rate another 1/4 point

In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1 to 1-1/4 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.

READ MORE

No comments: