Economic Trends Market Trends Operator Trends The Ashton Report

As Expected, Federal Reserve Held Interest Rates, Signals Cuts Next Year; Blue Chip Economists Expect Slowdown


As had widely been predicted, the Federal Reserve Bank’s Open Market Committee decided to hold the federal funds rate steady at its December meeting. More importantly, Fed Chairman Jerome Powell signaled during his address explaining the committee’s action that the group may begin cutting interest rates next year and may do so as many as…

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