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
Similar Stories to New Fed Forecast For 2019: Slower Growth And Zero Rate Hikes on Bing News
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Wed, 03/20/2019 - 9:05pm
BING NEWS:
- Producer price increase hints at slower inflation decline
WASHINGTON >> U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, another sign that progress towards lower inflation was ...
11/14/2024 - 7:05 am | View Link - Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
11/14/2024 - 6:21 am | View Link - Goldman Sachs Now Expects Slower Pace of Rate Cuts From BOE
Goldman Sachs said it now expects the Bank of England to take a slower approach to interest-rate cuts after the UK budget lifted the outlook for both growth and inflation.
11/14/2024 - 4:36 am | View Link - Economic Outlook Remains Strong With 7.2% Growth Forecast For FY25: Report
After growth surged to 8.2 per cent in FY24, a report by Pantomath revealed that India’s economic outlook remains strong, with a 7.2 per cent growth forecast for FY25, driven by robust consumption and ...
11/11/2024 - 5:58 pm | View Link - Gold (XAU) Price Forecast: Will Fed Rate Cuts Spark a Strong Rebound Rally?
Gold holds steady near support levels as markets anticipate a Fed rate cut, with analysts forecasting potential for a strong rally. Key resistance at $2,700.
11/6/2024 - 11:24 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more