Summary As was widely anticipated, the FOMC left the fed funds rate unchanged at the conclusion of today’s meeting, but it opened the door to potentially easing policy at its next meeting on September 18. While inflation remains above the FOMC’s 2% target, it has fallen significantly since the Committee last raised rates a year […]
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Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. It was a record-setting Thursday on Wall Street as both the Dow and the S&P 500 Read more…