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Published on Thursday, September 22, 2016 | Updated on Friday, September 23, 2016

FOMC Statement: September 20-21th Meeting

Despite uptick in number of dissenters FOMC remains on course for December. FOMC postpones rate hike, but opens door for increases in 2016. Projections and dissents underlie growing divergence of opinions of “new normal”. Minutes will shed light on pace of normalization, but December remains target for next hike

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