fed (2)

What did FED do yesterday?

March 15th, 2017, Wednesday, was an interesting day:

For couple of reasons:

First, the Consumer Price Index (CPI) figures were announced by the Bureau of Labor Statistics (BLS). BLS announces the CPI on a monthly basis. The percentage change in the CPI from one month to another is called monthly inflation. The CPI moved up by 0.1% in February (from January). The annual inflation – the movement from month to the same month in the previous year - came in at 2.7%.

Second, the Federal Reserve Ban

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