The Federal Reserve surprised exactly no one with its decision to hold fire on Wednesday. Observers, experts, and their dogs were all expecting Fed officials to keep interest rates where they are. So that's not surprising. But it's worth reviewing the grand plans the Fed had, not so long ago, for a whole series of rate hikes in 2016 — and how quickly those plans unraveled.
How The World Saved The Fed From Disaster
The Week - Business, The Week: Business
Thu, 04/28/2016 - 2:41am
Topics: federal reserve great recession fast february through october november september april china britain european union june fed a december cpi pce u.s world interest percent hike economy hikes job time slow minds decision groupthink rise people question hiking rest metric prices oil hold growth meeting months
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