Fed Holds Interest Rates, Foreseeing Favorable Economic Outlook in 2020

The Federal Reserve (Fed) on Wednesday, 11 December 2019 held the last policy meeting of the year and made an announcement to keep the policy rate unchange at 1.50-1.75%. Fed Chair Jerome Powell signaled that the borrowing cost would not change anytime soon amid the moderate economic growth and low unemploymemt rate which expected to […]

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