The Federal Open Market Committee, which makes monetary policy for the Federal Reserve, finished its two-day meeting Wednesday.
Markets expected the central bank to approve a quarter-point interest rate increase.
The Federal Open Market Committee, which makes monetary policy for the Federal Reserve, finished its two-day meeting Wednesday. Markets expected the central bank to approve a quarter-point interest rate increase. Currently, the Fed's benchmark interest rate is in a range of 2 percent to 2.25 percent.
Submitted December 19, 2018 at 02:01PM by pipsdontsqueak https://ift.tt/2QG2h6S