Fed leaves interest rates unchanged, as expected
US GDP is projected to grow 2% in 2020 and 1.9% in 2021
11 December 2019 - 21:32
Washington — The US Federal Reserve on Wednesday held interest rates steady and signalled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year’s presidential election.
The Federal Open Market Committee left the benchmark overnight lending rate in its current target range between 1.50% and 1.75%...
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