CSPAN3 Federal Reserve Announces QuarterPoint Rate Hike June 14, 2017
Rate by one quarter of percen percentage point. Our decision reflects the progress the economy has made and is kpekexpected to make of maximum employment and price stability objectives thats signed to us booy law. We released today of principles and plans and Additional Information on the process that well follow in normalizing the size of our Balance Sheet once we determine it is appropriate to do so. I will have more to say of our Interest Rate decision and our Balance Sheet policy. First, i will review recent economic developments and the outlook. Following a slow down in the first quarter,...