Video News – Fed Leaves Interest Rates Unchanged, Signals no Increases this Year 2019

✅ The announcement comes three months after the central bank said two hikes would be appropriate in 2019.

✅ As expected, the benchmark funds rate is kept in a range of 2.25 percent to 2.5 percent.

✅ The Fed also reduced expectations in GDP growth and inflation and a bump higher in the unemployment rate outlook.

✅ The Fed indicates that no more rate hikes will be coming this year.

✅ The central bank also says it will complete its balance sheet roll-off program at the end of the September.

Leave a Comment

417 views
Share via
Copy link