Lisa Eagan

Leagan Realty, Scottsdale Arizona

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Fed’s Open Market Committee Holds Key Rate Steady

June 12, 2020 by Lisa Eagan

The Federal Reserve's monetary policy committee decided against changing the Fed's benchmark interest rate range of 0.00 to 0.25 percent. The Federal Open Market Committee said in its post-meeting statement that it is not considering raising rates until 2023. Two of 17 FOMC members felt that the Fed's key rate may rise in 2022.

Filed Under: Financial Reports Tagged With: COVID19, Feds, Stimulus

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Leagan Realty

12862 East Summit Drive
Scottsdale, Arizona 85259
Phone: 480.766.2115
Fax: 888.422.9951

Email: lisaeagan@leaganrealty.com
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