The Fed Won't Be Cutting Rates After All, FOMC Minutes Suggest
Friday, April 12, 2019 in Press
The Federal Open Market Committee is likely to keep its federal-funds rate target steady at 2.25%-2.50% for the rest of the year, minutes of it March 19-20 meeting released Wednesday show.
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The Federal Reserve called the banking system strong but imposed new restrictions to keep it that way at least through the third quarter 2020, according to CNN Business.