Federal Reserve: FOMC Policy Statement – June 24

The Federal Open Market Committee decided today to maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions are likely to warrant exceptionally low levels of the federal funds rate for an extended period. FOMC Policy Statement: Information received since the Federal Open Market Committee met .. read more

FOMC Policy Statement

The Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0 to 1/4 percent. FOMC Policy Statement: Since the Committee’s last meeting, labor market conditions have deteriorated, and the available data indicate that consumer spending, business investment, and industrial production have declined.  Financial markets remain quite strained and .. read more