The Fed puts rates on ice
Robert R. Johnson
After raising interest rates in December for the first time since the financial crisis and Great Recession, the Federal Reserve has gone into a January freeze. The central bank on Wednesday announced no change in interest rates, meaning the target for the Fed's benchmark federal funds rate will remain between 0.25% and 0.50%, the range set last month.
Steiner, Sheyna, "The Fed puts rates on ice" (2016). In the News. 993.