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| Economy |
| Federal Reserve Rates - no change |
| 2026-03-19 |
| nice summary by Financial Express ---------------- The Fed kept its benchmark interest rate unchanged at 3.5-3.75% in its latest policy decision. The decision saw one dissent, with Governor Stephen Miran backing a 25 basis point rate cut. As per the latest statement, Fed said economic activity continues to expand at a solid pace. Inflation remains somewhat elevated, according to the latest policy statement. Job gains have stayed low, while the unemployment rate has remained largely unchanged. The Central Bank flagged elevated uncertainty around the economic outlook. Policymakers said developments in the Middle East pose unclear risks to the US economy. The dot plot continues to signal two rate cuts, one each in 2026 and 2027. Median projections show core inflation at 2.7% by end-2026, higher than earlier estimates. The Fed said it will continue to assess incoming data before making any future rate moves. |
| Posted by:Lord Garth |
| #1 |
| Posted by: Skidmark 2026-03-19 10:04 |