There was some expectation that the Federal Reserve Board would address the federal funds rate in a more aggressive manner than it did, but the official word was that the committee will assess both realized and expected progress toward its objectives of maximum employment and 2 percent inflation.The Federal Reserve's Federal Open Market Committee meeting of 17-18 June concluded at a press conference with new Chairwoman Janet Yellen that barely had any news at all as there were only subtle differences from the meeting's written report. The Federal Reserve's official statement included the following:To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that a highly accommodative...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.