WASHINGTON (AP) — The Federal Reserve sent a stark message Wednesday: The economy is slowing. And it won't be raising interest rates anytime soon. The Fed left its key short-term rate unchanged and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United States and abroad. The central bank said it was keeping its benchmark rate — which can influence everything from mortgages to credit cards to home equity lines of credit — in a range of 2.25 percent to 2.5 percent.Read more on NewsOK.com
Comment on New Fed forecast for 2019: Slower growth and zero rate hikes
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Wed, 03/20/2019 - 9:05pm
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