Fed rate hikes still on table despite market turmoil
FOMC takes more dovish tone
Photo: Day Donaldson/Flickr
The Federal Reserve has indicated it may still go ahead with further rate hikes this year, contrary to industry expectations.
In its monthly meeting, the Federal Open Market Committee took a more cautious tone than in December. It reduced its target for full employment from 5% to 4.9% and said it expected inflation to remain...
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