Fed unhappy with weakness in the economy

09 April 2015

 

The Fed is concerned about weakness in the US labour market and economy, putting a dampener on its plans to lift rates this year. The reserve’s latest policy statement hints that it will adopt a meeting-by-meeting approach in deciding when to lift rates for the first time since June 2006. "The committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it...

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