The Fed hasn’t been this terse since 2007. What a 130-word statement signals for market stability.
Bank of America calculates this week’s Federal Open Market Committee statement explaining the decision to lift interest rates by a quarter-point as its most terse, at just 130 words, since 2007.
<p>Bank of America calculates this week’s Federal Open Market Committee statement explaining the decision to lift interest rates by a quarter-point as its most terse, at just 130 words, since 2007.</p>