Divided Fed Holds Fire, Signals 2016 Rate Increase Still Likely

Updated on
  • Three on FOMC dissent in favor of rate hike, most since 2014
  • ‘Dots’ show officials scale back 2017 rate-hike expectations

Why Markets are More Concerned With Europe Than America

A divided Federal Reserve left its policy interest rate unchanged to await more evidence of progress toward its goals, while projecting that an increase is still likely by year-end.

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