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Federal Reserve Raises Policy Rate for the First Time in Nearly a Decade

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 16, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    They did it. As near-universally expected, the Federal Open Market Committee (FOMC) announced an increase in the federal funds target rate of 0.25 percentage points to a range of 0.25% to 0.50%. The upper range of this target will be hinged to the interest rate on excess reserves, while the[​IMG]

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