Federal Reserve Leaves Interest Rates Unchanged But Keeps Open Possibility of Future Hikes

By Andrew Moran The Federal Reserve left interest rates unchanged at the November Federal Open Market Committee (FOMC) policy meeting, keeping in line with economists’ expectations. Central bank officials voted to keep the benchmark fed funds rate at a range of 5.25 percent to 5.50 percent. Rate-setting committee members are prepared to adjust monetary policy “as appropriate if risks emerge that…

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