DEC 2019: Federal Reserve Keeps Rates Unchanged
Posted on 12/11/2019
The Federal Reserve is keeping its benchmark interest rate in a target range of 1.5%-1.75% as expected.
“The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee’s symmetric 2 percent objective,” the post-meeting statement says.
Keywords: Federal Reserve System.