FOMC Statement: July 28-29th
Published on Thursday, July 30, 2015 | Updated on Tuesday, August 4, 2015
FOMC Statement: July 28-29th
Summary
As expected, the FOMC did not increase rates in July and made no specific mention to a potential increase in September. Changes to the statement were minimal and mostly reflected a slightly more optimistic view on the labor market. Our expectations remain for the first rate hike in September, closing out 2015 at 0.5%
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Central Banks
Tags
- Tags
- Monetary policy
Authors
Kim Fraser