Janet Yellen oversaw her final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) Wednesday afternoon, with the Committee holding fast on interest rates and revising their projections on expected inflation. “Gains in employment, household spending, and business fixed investment have been solid, and the unemployment rate has stayed low,” read the FOMC statement. …
The post Fed Maintains Interest Rates as Yellen’s Tenure Winds Down appeared first on DSNews.
Source: DS News