Federal Reserve Increases Interest Rate from 1% – 1.25% Range to 1.25% – 1.5% Range

Washington | 13th December 2017

Federal Reserve releases FOMC (Federal Open Market Committee) statement increasing the Fed rate from the target range of 1% – 1.25% to 1.25% to 1.5% range.

” FED Increases INTEREST RATE Range  TO 1.25% – 1.50% RANGE “

The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.

Official Press Release by Federal Reserve

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