Is Another Rate Hike Possible From the FOMC?
Despite the recent blizzard, the Federal Reserve Board’s Federal Open Market Committee (FOMC) will meet this week to discuss the current economic outlook and whether another rate hike may be warranted in the coming months. Experts believe that the recent upheaval in the stock market will not detract from the committee members’ belief in the underlying strength of the American economy. [1/26/16]