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Montevideo, March 28th 2024 - 11:36 UTC

 

 

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

Thursday, April 28th 2016 - 07:22 UTC
Full article 2 comments

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

Comments

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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
  • 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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