The Federal Open Market Committee left the Fed Funds Rate unchanged at 2.000 percent yesterday afternoon, as expected. In its press release, the Federal Reserve noted the co-existence of inflation and recession. On inflation, the Fed said that energy and food prices are contributing to an “elevated state” of inflation, but that it expects price […]
Making English Out of Fed Speak
June 26th, 2008 · 4 Comments
Tags: Economy · Federal Reserve