Federal Reserve Monetary Policy:
3/21/2018 Federal Reserve Board and Federal Open Market Committee release economic projections from the March 20-21 FOMC meeting
3/21/2018 Federal Reserve issues FOMC statement (0.25 increase), excerpt:
"In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 1-1/2 to 1-3/4 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation."The Fed is still a long way from normalizing interest rates says Charles Schwab:
FoxBusiness.com video above published Mar 16, 2018: Charles Schwab Corporation founder Charles Schwab discusses the Fed, President Trump’s tariffs plan and the impact on the U.S. labor force.
|NASDAQ Composite UP +6.68% this year (since close of trading in 2017).|
March 20-21* -- March 21 at 2:30 p.m. EDT: FOMC Meeting Press Conference
*Meeting associated with a Summary of Economic Projections and a press conference by the Chair.
Chairman Powell Introduction Video
Federal Reserve Board video above published Feb 5, 2018. Chairman Powell's bio.
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