Fed Hikes Rate, Lowers 2019 Projection to 2 Increases

21 Aralık 2018
The Fed take the target range for its benchmark funds rate to 2.25 percent to 2.5 percent. Central bank officials now forecast two hikes next year, down from three rate raises previously projected. However, the Fed continues to include in its statement that further "gradual" rate hikes would be appropriate. GDP is now seen as rising 3 percent for the full year of 2018, and 2.3 percent for 2019, a 0.2 percent point reduction. (19.12.2018)
Source: CNBC
Post by : Republic of Turkey Ministry of Trade