Fed hikes rate and lower 2019 projection to 2 increases

Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spendingContinue reading “Fed hikes rate and lower 2019 projection to 2 increases”

FED raises interest rate to 2.25 percent

Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spendingContinue reading “FED raises interest rate to 2.25 percent”

FED leaves rates unchanged at 1.75 》2.00 percent

FOMC statement Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixedContinue reading “FED leaves rates unchanged at 1.75 》2.00 percent”

FED raises interest rates and signals 2 more in 2018

The Federal Reserve raised interest rates on Wednesday and signaled that 2 additional increases were on the way fin 2018, as officials expressed confidence that the United States economy was strong enough for borrowing costs to rise without choking off economic growth. The Fed’s raises benchmark rate today to a range of 1.75 to 2Continue reading “FED raises interest rates and signals 2 more in 2018”

FOMC holds interest rates in range of 1.50%-1.75%

Federal Reserve issues FOMC statement Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen and that economic activity has been rising at a moderate rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Recent dataContinue reading “FOMC holds interest rates in range of 1.50%-1.75%”