The Federal Reserve has decided to keep the rate at 0.25%, reports Advisor.ca.
The Federal Reserve has decided to keep the rate at 0.25%, reports Advisor.ca.
The Federal Open Market Committee voted 9-1 not to hike.
The sole dissenter was Jeffrey M. Lacker, who preferred to raise the target range for the federal funds rate by 25 basis points to 0.5%.
For the whole story, visit Advisor.ca.
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