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Published on Friday, April 29, 2016 | Updated on Friday, April 29, 2016

FOMC Statement: April 26-27th Meeting

Doves Hold off Hawks for Another Meeting, but How Long Can This Last? Fed kept rates unchanged again, despite hawkish undertones. As expected, support for hike is on the rise, with strength in the labor market, fading downward pressures on inflation, and reduced volatility in global financial markets