• The Fed Decides to Wait

The Fed Decides to Wait

In a tough time for equities, it elects not to roil the markets.

On Thursday, the Federal Reserve postponed raising short-term interest rates. Citing “global economic and financial developments” that could “somewhat” impair economic progress and lessen inflation pressure, the Federal Open Market Committee voted 9-1 against a rate hike, with Richmond Fed President Jeffrey Lacker […]

By |September 23rd, 2015|Financial Article|
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