Was the Fed right to delay raising interest rates? Two scholars react
- Written by Sheila Tschinkel, Visiting Faculty in Economics, Emory University
The Federal Reserve decided to leave its target interest rate unchanged at a range of 0.25 percent to 0.5 percent while suggesting a hike later in the year was very likely.
The Federal Open Market Committee (FOMC), which just concluded a two-day meeting in Washington, said a string of recent economic data shows growth is picking up but not enough...
Read more: Was the Fed right to delay raising interest rates? Two scholars react