Federal Reserve Holds Steady, Signals Higher Inflation

Posted on 05/02/2018


The U.S. Federal Reserve maintained short-term interest rates on May 2, 2018. The central bank signaled it is on track to raise rates gradually in the coming months. According to the FOMC statement on May 2, 2018, “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects […]

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