Yes, this was Federal Reserve Chair Janet Yellen’s last Open Market Committee (FOMC) meeting. And the FOMC raised, as widely expected, the Target rate (upper bound) to 1.50%.
The post Witchy Woman: Yellen’s Last FOMC Meeting (Fed Funds Rate Rises To 1.5% As Balance Sheet Begins Slow Unwind) was originally published at The Wall Street Examiner. Follow the money!