In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 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.
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Wednesday, November 1, 2017
Fed opts to leave interest rates at current levels in latest meeting
at 1:02 PM
Labels: Federal Reserve, FOMC, FOMC announcement, inflation, interest rates, Janet Yellen
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