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Tag Archives: Federal Open Market Committee

Federal Reserve Keeps Interest Rates Near Zero

"In determining how long to maintain this target range, the Committee will assess progress—both realized and expected—toward its objectives of maximum employment and 2 percent inflation," the Fed said in a statement.

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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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Fed Chair Delivers Speech on FOMC Economic Outlook & Developments

Today, Federal Reserve Chair Janet L. Yellen delivered a speech at the City Club of Cleveland in Cleveland, Ohio speaking on the recent developments within the Federal Open Market Committee (FOMC) and the economic outlook moving forward. Yellen addressed issues like recession recovery, labor market conditions, inflation developments, economic outlook, monetary policy, long-run economic growth.

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