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Pages:
6 pages/≈1650 words
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4 Sources
Level:
MLA
Subject:
Literature & Language
Type:
Essay
Language:
English (U.S.)
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MS Word
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$ 21.6
Topic:
The Federal Open Market Committee Project (Essay Sample)
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FOMC PROJECT
The Federal Open Market Committee (FOMC) voted on Thursday, 17th September 2015 to leave borrowing cost at their current record low of zero to 0.25%. The reason for this was as a result of worries about the global economy, financial markets volatility and a sluggish inflation at the US economy. FOMC however hinted at a possibility of a modest policy tightening in the near future.
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