Fed sees no rate hikes in 2019, sets end to asset runoff

The U.S. Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slowdown, and saying it would halt the steady decline of its balance sheet in September.

from Reuters: Money News https://ift.tt/2HInmHT
via IFTTT

• Tweet
• Share
• Share
• Share
• Share