Discount rate minutes: KC, Dallas and Philly voted to hike rate

The Federal Reserve Board kept the discount rate at 0.75% despite dissents from the regional banks in Kansas City, Dallas and Philadelphia. The other 9 regional banks voted to leave the rate unchanged. Most directors expected the economy to “continue expanding at a moderate pace”. Similar story to…

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Discount rate minutes: KC, Dallas and Philly voted to hike rate

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