Fed Leaves Interest Rates Unchanged, No Longer Expects Rate Hikes This Year
Wednesday, 20 March 2019 In a widely anticipated move, the Federal Reserve announced its decision Wednesday to leave interest rates unchanged following a two-day monetary policy meeting. The central bank's forward projections also indicated interest rates are likely to remain unchanged for the remainder of the year.
The Federal Reserve held interest rates steady on Wednesday and its policymakers abandoned projections for further rate hikes this year as the U.S. central bank flagged an expected slowdown in the economy. Rough Cut (no reporter narration).
We've seen a couple of hikes, so is it now time for a rate cut? Jeffrey Cleveland, chief economist at Payden & Rygel, said that "the bond market is betting on this though. I think there's a 60% chance..
According to Business Insider, President Donald Trump blamed the Federal Reserve for slowing growth Friday, saying it should slash interest rates and start injecting money into the economy.
President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates, noting that newly released jobs numbers showed the economy had performed well but adding that action by the..
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