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You are here: Home / Archives for target federal funds rate

FOMC Minutes: Rate Hike May be Near

August 20, 2015 by Patrick Jones

The minutes for the most recent meeting of the Federal Reserve's Federal Open Market Committee (FOMC) suggest that while committee members won't specify a date, a rate hike could come sooner than later. Committee members continue to cite concerns over labor markets and other economic factors, but the minutes of the FOMC meeting held July 28 and 29 indicate that a majority of members see a rate change as likely in the near term.

Filed Under: Market Outlook Tagged With: Federal Reserve, FOMC, target federal funds rate

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