by Andrew Moran | Nov 5, 2023 | Articles, Business News, Good Reads, Opinion
Well, that was an uneventful Federal Reserve policy meeting. The Federal Open Market Committee (FOMC) completed its two-day November powwow, leaving interest rates unchanged at a range of 5.25% and 5.5%. The financial markets widely anticipated the decision to hit the...
by Andrew Moran | Dec 21, 2018 | Articles, Business News, Economic Affairs News, Politics, Taxes
The Federal Reserve did it. The central bank defied President Donald Trump’s public statements and tweets, and pulled the trigger on a December rate hike, raising interest rates 25 basis points to a target range of 2.25% and 2.50%. Fed Chair Jerome Powell and the...