On December 16 the Federal Open Market Committee (FOMC) announced its decision to increase the federal funds target rate from its targeted range of 0.25%-0.50%, to 0.50%-0.75%. The move marked first increase since the previous December. Analysts at the time had predicted that the Fed would follow up with further increases throughout the year and […]
Dec. 2016 – Interest Rates and the Fed Read More »
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