Fed Holds Serve, Gold and Silver Go Vertical

SilverDoctors.com
March 16, 2016

The Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent
The stance of monetary policy remains accommodative
1 member voted to raise rates to 1/2 – 3/4%
Gold and silver go vertical on the release

Full FOMC Statement Is Below:

The Rest…HERE

This entry was posted on Wednesday, March 16th, 2016 at 2:14 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.