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» Fed Leaves Interest Rates Unchanged, as Expected; Will Powell Stay the Course or Alter the Trajectory?
Fed Leaves Interest Rates Unchanged, as Expected; Will Powell Stay the Course or Alter the Trajectory?
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Regulation
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Departing Federal Reserve Chair Janet Yellen quietly rode off into the sunset this week, with the Fed’s Open Market Committee deciding to keep interest rates unchanged, as expected. The fed funds target range remains at 1.25 percent to 1.50 percent.