Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Mode...
The U.S. central bank said interest rates will remain close to zero.
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Members of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market Committee’s (FOMC) meeting on Wednesday. The Fed said that right now the central bank is not considering cutting back large asset purchases just yet, and the central bank also plans to keep interest rates at near-zero. Speaking about the dollar’s dwindling purchasing power, Federal Reserve chairman Jerome Powell said that “inflation could turn out to be higher and more persistent than we originally expected.” The Federal Reserve Will Continue....
Crypto prices immediately came crashing down after Federal Reserve Chairman Jerome Powell announced they are increasing interest rates during an economic summit on September 21. Now, in a not-so-delayed reaction, the United Nations is calling on the U.S. central bank and other large western regulators not to continue raising their interest rates, a UN agency […]
The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment. America’s central bank met this week for the last Federal Open Market Committee (FOMC) meeting of 2020. The Fed has a touch more optimism for the end of this year and into 2021 according to the summary of economic projections. However, the central bank will make no changes to the benchmark interest....
The US Federal Reserve confirmed market expectations by raising interest rates with 25 basis points. Today's Global Economic Outlook considers an investment strategy for the new higher-rates world economy. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators. World Indexes and Forex Rates. Commodities. In the Calendar This Week. Wed 16 December. USD FOMC Economic Projections. USD FOMC Statement. USD Federal Funds Rate (actual: 0.35% expected:<0.50% previous:<0.25%). USD FOMC Press Conference. Making The News. The Federal Reserve....