U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
U.S. FRB - Federal Reserve issues FOMC statement
Information received since the Federal Open Market Committee met in March indicates that the labor market remains strong and that economic activity rose at a solid rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Growth of household spending and business fixed investment slowed in the first quarter. On a 12-month basis, overall inflation and inflation for items other than food and energy have declined and are…
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