20 Aug 2018 | 6:52 AM
Research Report

Commodity Research Report: Weekly Report ( Metals & Energy) Jan 11- Jan 15, 2016

The U.S Federal Reserve released the minutes of its December 2015 FOMC meeting. That's the one where the Fed raised the policy rate from a range of 0 to 0.25% to a new range of 0.25% to 0.5%. The vote to raise the target range, as previously noted, was unanimous. The FOMC concluded that the economy was expanding at a "moderate pace" and they saw no reason to change that appraisal in December. Job growth was good and inflation was not an issue in short run.
11 Jan 2016 | 05:51 PM