Fed to keep rates low for yearsalso indicated the overnight rate could stay near zero through 2023
. "With inflation running persistently below this longer run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2% over time," the Federal Open Market Committee said in a statement.
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This Fed chief talks too much he made investors uncomfortable & markets down hill
Wall Street can’t stand anything over 29,000. Obligatory sell off
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »