FOMC Holds Its Target for the Federal Funds Rate Constant as Powell Announces that He Intends to Remain on the BoG
hubbardobrieneconomics
Screenshot of Fed Chair Jerome Powell at his FOMC press conference on April 29 Today’s meeting of the Federal Reserve’s policymaking Federal Open Market Committee (FOMC) had the expected result with the committee deciding to leave unchanged its target for the federal funds rate at its current range of 3.50 percent to 3.75 percent. The … Continue reading "FOMC Holds Its Target for the Federal Funds Rate Constant as Powell Announces that He Intends to Remain on the BoG"