DJIA27719.23
LIVE27.74(0.10%)
NDX8240.38
LIVE-23.41(-0.28%)

Fed, Seeing Slower Growth and Softer Inflation, Now Projects No Rate Hikes This Year


Thursday, 21 March 2019 02:15 WIB

Federal ReserveThe Fed


c_740_198_16777215_00_images_assets_11AFederal_Open_Market_Committee_Meeting.jpg

Federal Reserve officials, seeing slower growth and softer inflation ahead, said Wednesday they don’t expect to hike interest rates much at all over the next three years.

The new median forecast of Fed officials in the “dot-plot” graph was for no more interest-rate hike this year. The central bankers see one move in 2020. The prior Fed forecast was for two rate hikes this year and then one more next year.

Policy makers also announced they will begin to taper the runoff of the $4 trillion balance sheet in May and end it in September.

The Fed said in a statement after its two-day meeting that it was holding its benchmark rate between 2.25% and 2.5%. Policy makers repeated they could be “patient” about what further “adjustments” to make to interest rates.

Source : Market Watch


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.