April 11th, 2019

FOMC Minutes Reveal Fed Policymakers U-Turn

FOMC Minutes Reveal Fed Policymakers U-Turn

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Members of the Federal Reserve’s Federal Open Market Committee voted to hold the target range of the federal funds rate to its current range of 2.25 to 2.50 percent. The minutes of the most recent Committee meeting cited softening domestic and global economic conditions as reason for not raising the target federal funds range.