BREAKING Federal Reserve Holds Interest Rates Steady

Fed Open Market Committee

As expected, the Federal Reserve has announced that, at the monetary policy committee meeting of the Fed Open Market Committee, it 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%.

All members voted in favor of the policy.

Deep dive coverage in the EPJ Daily Alert.

-RW