The Fed: More Hawkish, but What Did You Expect?
This article was originally published on ETFTrends.com.
By Dr. David Kelly via Iris.xyz As forecast for the unemployment rate. It is worth noting, however, that the expected, the Federal Reserve raised its target for the federal funds rate to a range of 1.75%-2.00% today. Both the language in its statement and its economic projections were more hawkish than in its May and March meetings [...]