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How Will the FOMC change US Monetary Policy?
This upcoming Wednesday, the 19th of February 2020, the US FOMC (Federal Open Market Committee) will be holding its meeting. After deciding to leave the Fed funds rate at its targeted range of 1.5%-1.75% last December, the committee has been seeking to foster maximum employment and price stability. What will it decide this time and how will it impact the country’s economy?