Fed Keeps Interest Rates Unchanged Amid Concern for Below-Target Inflation
The Federal Reserve’s interest rate-setting body decided Wednesday to keep the benchmark Federal Funds target rate unchanged within the 1.5 to 1.75 percent range.
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As Fed reiterates rate pause, forecasts likely to be blown off course
Friday’s booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond.
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Fed Chairman Powell says unemployment, already at 50-year low, could go lower
Federal Reserve Chairman Jerome Powell said that the unemployment rate, already at a 50-year low, could drop further without necessarily causing inflation to rise.
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Federal Reserve board votes to cut interest rates
The Federal Reserve cut rates by a quarter-point Wednesday in a widely expected move aimed at staving off a slowing economy and fears of a recession.
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The Fed pumps another $75 billion into financial markets, continuing capital-injection plan
The Federal Reserve on Wednesday continued its effort to stabilize money markets and contain interest rates with another $75 billion sale of overnight repurchase agreements, or repos.
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Fed ups its GDP forecast for 2019 slightly to 2.2%
The Federal Reserve dialed up its growth expectations slightly while keeping its inflation projection unchanged, according to its Summary of Economic Projections.
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