- Fed keeps target interest rate unchanged at 0.75-1.00 pct. Slowdown in first-quarter growth likely to be "transitory," still expects economy to expand at moderate pace
Market news
4 May 2017
Fed keeps target interest rate unchanged at 0.75-1.00 pct. Slowdown in first-quarter growth likely to be "transitory," still expects economy to expand at moderate pace
-
Fed repeats near-term risks to the economy appear "roughly balanced"
-
Repeats it will reinvest principal payments from its holdings until rate normalization is well under way
-
Vote in favor of policy was unanimous
-
Business fixed investment has firmed, job gains have been solid and fundamentals for consumption growth also solid
-
Inflation measured on 12-month basis has been running close to target
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page