FOMC Stays on Track to Raise Rates at December Meeting

As was expected, the Federal Reserve’s (Fed) policymaking arm, the Federal Open Market Committee (FOMC), decided to keep rates unchanged at the conclusion of its two-day meeting (http://www.federalreserve.gov/newsevents/press/monetary/20161102a.htm). In addition, here is a side by side comparison of the statement … Continue reading