The Housing Chronicles Blog: Federal Reserve opts to hike interest rates another quarter point

Thursday, March 22, 2018

Federal Reserve opts to hike interest rates another quarter 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 1-1/2 to 1-3/4 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.

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