Jun 26
FOMC Decision: Gliding To Neutral, One Last Easing
Today the Fed lowered its target federal funds rate by 25 basis points to 2.00 percent. The move was expected by the markets. Yet the Fed also kept its options open as evidenced by their concerns about growth and liquidity. The Fed's bias to ease remains in place with concerns on credit, housing and labor markets. Inflation remains secondary.
