FOMC

The Economy and CCRC Performance – Update

by

Recently (June 12), the Federal Reserve held its latest FOMC (Federal Open Markets Committee) meeting and decided to maintain the current Fed Funds rate within the range of 5.25% to 5.50%.  The reasoning remains the current position of the economy, inflation therein, signals that inflation is a bit more persistent, and that without more definitive … Read more

Friday Feature: Where Inflation Came from and Why

by

The Federal Reserve hasn’t always conducted FOMC meetings (Federal Open Market Committee). It started meeting in late 1973 or early 1974. The purpose of the meeting was to address inflation primarily, in the economy; ways to control it, ways to stabilize monetary policy, ways to create price stability. In the mid 1970s, the Fed began … Read more