Fed Watch: The Final Countdown
The Federal Reserve voted to raise rates by another quarter point at today’s FOMC meeting. This pushes the fed funds target range to the highest level since early 2001. This week on the Basis Points podcast, Kevin Flanagan discusses the outcome of today’s meeting and what to expect for the remainder of the year from the Fed.
Basis Point: 1/100th of 1 percent.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.