Fed holds rates steady

Federal Reserve

The Federal Reserve’s rate-setting body voted unanimously to leave its policy rate unchanged in its meeting on November 7 and 8.  

The Federal Open Market Committee’s statement said that data since its last meeting in September suggests the US economy and job market continue to strengthen. The FOMC kept the US federal funds rate in its current band of 2–2.25%.

But the FOMC noted that the growth rate of business fixed investment had “moderated from its rapid pace earlier in the year”.

US

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: