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Home >> News >> Government

Fed Officials Say Labor Market Not Strong Enough for Rate Increase

Fed Officials Say Labor Market Not Strong Enough for Rate Increase

-+*Although Federal Reserve officials determined that economic activity is expanding moderately, the housing sector has shown additional improvement, and job gains have been solid with declining unemployment, the federal funds rate will remain the same at a target range of 0 to 1/4 percent, according to the Federal Open Market Committee July meeting.

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