Pantheon Macroeconomics - The November FOMC meeting was the definitive holding operation; rates were never likely to rise just six days before a very contentious presidential election, especially with the committee split on the degree of inflation risk facing the economy.

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23 November. 2016 Big Upside Risk for October Durable Good Orders

By Ian Shepherdson

The November FOMC meeting was the definitive holding operation; rates were never likely to rise just six days before a very contentious presidential election, especially with the committee split on the degree of inflation risk facing the economy.

Posted: 22nd Nov 2016 in 'U.S. Documents'

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