tacobell fan Posted January 29, 2020 Report Posted January 29, 2020 The central bank’s Federal Open Market Committee said Wednesday it will hold its benchmark funds rate in a range between 1.5% to 1.75%, where it has been since the latter part of last year. The committee adjusted the language in its statement to reflect that policy is geared toward “inflation returning to the Committee’s symmetric 2 percent objective.” The decision was unanimous. Several board members last year objected to the Fed’s rate cuts. Quote
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