Maintain existing targets and raise the target

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The operative question among macro policy specialists and investors is “when will the Federal Reserve target higher interest rates in 2016?” December of 2016 marks the last meeting month of the year for the Federal Open Market Committee to select one of three options: maintain existing targets, raise the target, or lower the target. What do you think the central back should do, given present-day economic growth conditions in the U.S. and globally? Why?

Reference no: EM131312710

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