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Fed Signals December Hike On Track as Trump Weighs Next Chair


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#1 Rogerdodger

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Posted 01 November 2017 - 01:04 PM

Fed Signals December Hike On Track as Trump Weighs Next Chair

Federal Reserve officials voted unanimously to leave interest rates unchanged while signaling they remain on track to hike once more this year.

“the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions” 

while inflation may “remain somewhat below 2 percent in the near term,” it’s expected to stabilize around the central bank’s 2 percent objective


Edited by Rogerdodger, 01 November 2017 - 01:06 PM.


#2 redfoliage2

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Posted 01 November 2017 - 01:10 PM

It's said that GOP tax bill will be released tomorrow at 9 am without a five year phased-in cut.  Expect a market celebration................


Edited by redfoliage2, 01 November 2017 - 01:11 PM.


#3 12SPX

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Posted 02 November 2017 - 08:51 AM

Fed Signals December Hike On Track as Trump Weighs Next Chair

Federal Reserve officials voted unanimously to leave interest rates unchanged while signaling they remain on track to hike once more this year.

“the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions” 

while inflation may “remain somewhat below 2 percent in the near term,” it’s expected to stabilize around the central bank’s 2 percent objective

Yay, I love how you do the news reports hope you do the tax stuff too!!  Hopefully with opinions!!