Fed Holds Rates Steady, Citing Lack of Inflation
Thursday, May 2, 2019 in Press
Federal Reserve officials voted to hold interest rates steady on Wednesday, as a lack of inflation pressure outweighed an economy that is otherwise growing strongly.
The central bank held its benchmark rate in a target between 2.25% and 2.5%, meeting market expectations....
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Effective immediately, the Government Finance Officers Association (GFOA) is asking all industry affiliates to immediately stop using the common four-letter acronym most often associated with the Comprehensive Annual Financial Report. Instead, GFOA recommends referring to the report by either the full name or by using a shortened format that does not include the four-letter acronym. For instance, the “Annual Report” would be acceptable.Read more