FOMC

22 June 2015

 

The June FOMC statement was more positive in its assessment of activity than April’s, noting that the economy is expanding at a moderate pace and that “Since the committee last met in April, the pace of job gains has picked up and labour-market gains have improved further.” It seems clear that the US Federal Reserve remains on track to raise rates later this year, however, 2015 growth forecasts were revised...

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