Wednesday, December 11, 2019

BREAKING Federal Reserve Holds Interest Rates Steady

As expected, the Federal Reserve has announced that at the monetary policy committee of the Federal Reserve, the Fed Open Market Committee, has decided to leave the interest rates it controls at current levels.

That is, the target range for the Federal Funds rate will remain at 1.50% to 1.75% and the interest rate on required and excess reserves will remain at  1.55%.

Deep dive coverage in the EPJ Daily Alert.

The full Federal Reserve statement is here.


No comments:

Post a Comment