Topic: Economics
The Federal Reserve lifted its federal funds policy rate to a range between 1.5% and 1.75% on Wednesday as it moves to restore price stability over the medium term.
The robust economic expansion that is underway is unfolding in a unique fashion, and it is not for the fainthearted.
Inflation expectations remain remarkably well anchored despite the recent five-month surge in topline inflation.
Private equity deal activity is on pace for its best year on record, and deal activity in the middle market leads the way.