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FOMC Hikes Fed Funds Target Range by 25 Basis Points; Sees Only Gradual Increases in the...

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Federal Open Market Committee (FOMC) raised the fed funds target range by 25bps to 0.25%-0.50%. This marked the first change in the rate in seven years and the first increase in almost a decade. The statement described the economy as expanding "at a moderate pace" backed by household spending[​IMG]

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