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Thread: No Change in Rates: FOMC Policy Statement

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    Default No Change in Rates: FOMC Policy Statement

    Release Date: June 15, 2016
    For release at 2:00 p.m. EDT

    FOMC

    https://www.federalreserve.gov/newse.../20160615a.htm

    Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.


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  3. #2

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    Default Re: No Change in Rates: FOMC Policy Statement

    No surprise there, with the upcoming BREXIT vote next week there is no way they were going to raise rates... but who knows how the markets were to react...
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    Default Re: No Change in Rates: FOMC Policy Statement


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