04 08 2018
At the end of the two-day meeting, the Fed kept interest rates and commitment to a plan to gradually increase the cost of borrowing in a strong economy. The committee called the risks for the economic prospects generally balanced and reiterated that monetary policy remains stimulating. Most members of the Fed in June forecast three or four rate increases in 2018, which implies two more "tightening" this year.
At the end of the two-day meeting, the Fed kept interest rates and commitment to a plan to gradually increase the cost of borrowing in a strong economy. The committee called the risks for the economic prospects generally balanced and reiterated that monetary policy remains stimulating. Most members of the Fed in June forecast three or four rate increases in 2018, which implies two more "tightening" this year.
