Скачать или смотреть Fed foresees no interest rate hikes in 2019

(20 Mar 2019) The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.
The Fed 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.
It also announced that it will stop shrinking its bond portfolio in September, a step that should help hold down long-term rates. It will begin slowing the runoff from its bond portfolio in May.
Combined, the moves signal no major increases in borrowing rates for consumers and businesses. And together with the Fed's dimmer forecast for economic growth this year - 2.1 percent, down from a previous projection of 2.3 percent - the statement it issued Wednesday after its latest policy meeting suggests that it's grown more concerned about the economy.
With the prospect of no rate hikes ahead anytime soon, the stock market reversed losses it had suffered before the Fed issued its statement and was up modestly soon after.
The Fed's decision was approved on an 11-0 vote.
After sharply falling in December, stocks have rallied and recouped most of their late-year losses in trading since the start of 2019, a rebound credited larger to the Fed's easier monetary stance.

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