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Tag Archives: FOMC

Fed Chair: No Interest Rate Hike Any Time Soon

Janet Yellen

Federal Reserve Chair Janet Yellen set a cautionary tone on the economy saying that the FOMC will not make a move on interest rates for the next few meetings. Ms. Yellen attributed her dovish stance to weak inflation and a slowly improving jobs situation. “It continues to be the FOMC’s assessment that even after employment and inflation are near levels ...

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Dollar slides ahead of Fed meeting outcome

The Federal Open Market Committee (FOMC), the monetary policy-making body of the Federal Reserve, is meeting for the second time in so many days to determine what actions, if any, to take to help America’s flagging economy. Ben Bernanke and the Federal Reserve are largely anticipated to institute another round of Quantitative Easing (QE3) as a means to stimulating the ...

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