Hurricane-related disruptions and rebuilding have affected economic activity, employment, and inflation in recent months but have not materially altered the outlook for the national economy. 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 1-1/4 to 1-1/2 percent.
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Showing posts with label FOMC announcement. Show all posts
Showing posts with label FOMC announcement. Show all posts
Thursday, December 14, 2017
Federal Reserve hikes interest rates another quarter point
Wednesday, November 1, 2017
Fed opts to leave interest rates at current levels in latest meeting
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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