Fed leaves rates unchanged; expectations over an increase move to June

Thursday, April 28th 2016 - 07:22 UTC

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The U.S. Federal Reserve did what many expected on Wednesday as it left its key interest rate range unchanged. The central bank maintained its overnight lending rate for banks at a target range of between 0.25 and 0.50% where it has been since it was boosted from near zero back in December. Expectations now have moved to the two-day meeting on 14/15 June. Read full article

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ChrisR
June? Yellen must be joking!

Look what happened when she bowed to the bankers and moved the rate: stalled the rate of growth of jobs in the US.
Apr 28th, 2016 - 12:48 pm - Link - Report abuse 0
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Lucifer
Usually in election years they don't adjust rates. Obama is sticking the next Prez with massive debt, slowing economy, weakened military, and a seriously messed up world that he and Hillary caused.
It is going to take a massive effort to right the ship.
Apr 30th, 2016 - 02:12 pm - Link - Report abuse 0
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