AP Photo/Susan Walsh, FileWith forecasts for slower growth this year, focus will be on signals for future policy moves.The Federal Reserve is widely expected to hold interest rates steady on Wednesday and to signal further that it could be awhile before another increase.
The 12-member Federal Open Market Committee last voted to increase its benchmark interest rate by a quarter percentage point, bringing it to a target range of between 2.25% and 2.5% at the end of 2018. "With economic growth slowing below trend and inflation subdued, we think that the Fed's next move will be to cut rates in early 2020," said Andrew Hunter, an economist at Capital Economics.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Treasury yields tick lower ahead of Fed rate decisionU.S. government debt prices ticked higher as investors await a policy decision by the U.S. Federal Reserve. ☀️15T bir yaz akşamııı rastladımmm size💃🤸🎼la laa la la lala
Source: CNBC - 🏆 12. / 72 Read more »
Five Things to Watch at the Fed’s March MeetingFederal Reserve officials are on track to leave interest rates unchanged at their two-day meeting and could indicate they are comfortable holding them steady for a while.
Source: WSJ - 🏆 98. / 63 Read more »
Investors Fret Over Fed Rate Path Amid Mixed DataThe Federal Reserve is widely expected to keep interest rates steady at the conclusion of Wednesday’s meeting, but analysts are worried that some investors are over-anticipating a dovish policy stance from the central bank. This is nuts! The 'mixed' signals are what the media report. The actual economy is doing well. More than 70% of Americans believe the U.S. economy is in good shape, according to a new CNN poll, positive impact on President Donald Trump’s approval rating. Companies are scrambling to find workers - impacting pay and benefit packages for U.S. blue collar workers.-up 6%
Source: WSJ - 🏆 98. / 63 Read more »