The Fed keeps interest rates steady, but gets gloomier about the economy
The Federal Reserve kept interest rates on hold on Wednesday as expected, but it raised its inflation forecast, trimmed its GDP projection and slowed the pace of the sale of some assets from its balance sheet. The CPI outlooksfor this year and next are now 2.7% and 2.2%, respectively.Read more...
The Federal Reserve kept interest rates on hold on Wednesday as expected, but it raised its inflation forecast, trimmed its GDP projection and slowed the pace of the sale of some assets from its balance sheet. The CPI outlooksfor this year and next are now 2.7% and 2.2%, respectively.
