June FOMC Announcement: Rate Hike and Balance Sheet Plans
The FOMC concluded their June policy meeting today and announced, among other things, their interest rate decision: another .25% rate hike.
The FOMC concluded their June policy meeting today and announced, among other things, their interest rate decision: another .25% rate hike.
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The FOMC minutes revealed a Fed that is sticking to it's plan of two more rate hikes in 2017, as well as more details about it's balance sheet plan.