FOMC Meeting Leaves Rates UnchangedVW Staff
The FMOC, the Federal Open Market Committee met today and released their decisions on monetary policy. The key interest rate of 0.25% is to remain unchanged. This rate means there should not any real change in the overnight borrowing rate in the country. The statement released alongside this announcement could not realistically be called a positive one. A more positive approach had been expected from the Federal Reserve in the wake of many positive indications . . .
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