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FOMC Statement: July 28-29th

  Author: Kim Fraser ( BBVA Research )
 July, 2015
  Price: FREE

Abstract:

As expected, the FOMC did not increase rates in July and made no specific mention to a potential increase in September • Changes to the statement were minimal and mostly reflected a slightly more optimistic view on the labor market • Our expectations remain for the first rate hike in September, closing out 2015 at 0.5%.
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