The Fed Hits the Brakes: No Rate Hikes Projected in 2019

8
Apr

The Fed Hits the Brakes: No Rate Hikes Projected in 2019

The shift from further rate increases this year suggests that the Fed believes there is little to fear regarding high inflation. At its meeting on March 20, 2019, the Federal Open Market Committee (FOMC) maintained the benchmark federal funds rate at the target range of 2.25% to 2.50% that was set in December 2018. This in itself was not surprising.
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