Highlights of the FOMC decision on July 27, 2016
– FOMC leaves fed funds rate in range from 0.25% to 0.50%, as expected
– Near term risks to economic outlook have diminished
Some hawkish details at first blush, although there is no timeframe of future action.
Federal Reserve holds interest rates unchanged, says near-term risks have diminished
ByAdam Button
Jul 27, 2016