Summary The FOMC voted unanimously today to keep its target range for the federal funds rate unchanged at 4.25%-4.50%. The Committee also decided to dial back the pace of quantitative tightening by allowing only $5 billion worth of Treasury securities to roll off the Fed’s balance sheet every month. In a change from the last […]
The post FOMC Keeps Rates on Hold Amid Increased Uncertainty appeared first on Action Forex.