Federal Reserve holds median rate path steady in December dot plot
The Federal Reserve made no changes to its median interest-rate projections, with a quarter-point reduction still penciled in for next year, according to the Summary of Economic Projections published on Wednesday.
Marketplace
Fed lowers rates while other central banks hold steady
And if the Fed keeps cutting rates while other central banks don’t? Rogoff said investment will flow to the highest bidder. “Capital markets are global. So, the money’s going to move to where the rate of return looks good,” he said. The European Central Bank is likely to hold rates steady going forward.
Fed meeting recap: Central bank cuts rates for a 3rd time — and shows its biggest split in years
The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year.
NBC Connecticut
Fed holds interest rates steady, still sees two cuts coming this year
Stream Connecticut News for free, 24/7, wherever you are. WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year. Faced with ...
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