Divided Fed Holds Fire, Signals 2016 Rate Increase Still LikelyBy
Three on FOMC dissent in favor of rate hike, most since 2014
‘Dots’ show officials scale back 2017 rate-hike expectations
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.