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Fed Forgoes September Rate Hike

The Federal Reserve’s Open Market Committee (FOMC) chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their September meeting, a repeat of the action the committee last took in June after hiking rates in July.

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Aspen Grove Names New CEO

Mike McAuliffe has been named CEO of Aspen Grove, succeeding Founder and CEO Seán Ryan, who willl now take over the role of Executive Chair.

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