FOMC statement reviewed

FOMC Keeps 2-2.25% Federal Funds Target Range as Expected

November 8, 2018

With no press conference planned, the Federal Open Market released a statement at 14:00 EST (15:00 GMT) that is very similar to the previous meeting’s one, when policy was tightened. As expected this time the fed funds target was left unchanged, but no doubt was left about more rate normalization as officials reiterated the clause “in […] More