Results 1 to 1 of 1

Thread: Fed holds rates steady in first meeting of 2020 as economy extends expansion

  1. #1

    Join Date
    Apr 2005
    Posts
    14,126
    Blog Entries
    12

    Default Fed holds rates steady in first meeting of 2020 as economy extends expansion

    FED FOMC STATEMENT NOW OUT:

    RATES UNCHANGED

    The Federal Reserve held rates steady in its first policy-setting meeting of 2020, changing little in its economic outlook as the U.S. economy continues to extend its longest expansion on record.

    The Federal Open Market Committee announced Wednesday that it decided to keep rates in the current target range of 1.50% to 1.75%, continuing to describe the economy as “rising at a moderate rate.” The four new voting members (from the Philadelphia, Cleveland, Minneapolis, and Dallas Feds) supported the unanimous decision.

    But the Fed downgraded its assessment of household spending, originally describing consumption by the U.S. consumer as “strong” in December, but now characterizing activity as “moderate.”

    Rates: UNCHANGED

    More:
    https://finance.yahoo.com/news/fed-f...150715790.html
    Last edited by James48843; 01-29-2020 at 01:42 PM.


  2.  

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Fed holds rates steady in first meeting of 2020 as economy extends expansion
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Fed holds rates steady in first meeting of 2020 as economy extends expansion
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Fed holds rates steady in first meeting of 2020 as economy extends expansion
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
Fed holds rates steady in first meeting of 2020 as economy extends expansion
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes