Tag: interest rate hikes

• Thursday, December 20th 2018 - 08:59 UTC

  Fed raises interest rate but lowers 2019 forecast to two hikes in 2019

  

  The United States Federal Reserve raised its key interest rate on Wednesday for a fourth time this year but lowered its forecast to two hikes in 2019 amid the recent stock market sell-off and uncertain growth prospects.

• Friday, November 9th 2018 - 08:45 UTC

  Federal Reserve leaves rate unchanged but December hike is expected

  

  The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate increase is expected in December.