Lindsey Piegza, Ph.D.: Fed Holds Rates Steady; Reinforces Expectations of Rising Inflation

As expected, the Fed opted to hold the Federal funds rate steady at a range of 1.25% to 1.50%. The rate decision was unanimous with all nine members voting in favor of the FOMC monetary policy action.  This is Yellen’s...

Source: Lindsey Piegza, Ph.D., Chief Economist at Stifel
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