FOMC: When interest rates rise again, it will be gradual: In the first Federal Open Market Committee...

FOMC: When interest rates rise again, it will be gradual: In the first Federal Open Market Committee meeting since the Federal Reserve decided to raise interest rates, the committee decided to keep the federal funds rate at a range of 0.25% to 0.50%. For now, the committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate. http://www.housingwire.com/articles/36119-fomc-when-interest-rates-rise-again-it-will-be-gradual ❤️ #share #mortgage