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INTEREST RATES

19/12/2018

Fed Raises Interest Rates, Showing Confidence in Health of Economy

WASHINGTON — The Federal Reserve raised its benchmark interest rate on Wednesday and signaled that it expects additional rate increases next year in a display of measured confidence in the economy that came despite financial market worries and political pressure to suspend rate increases.

foto (video): Jerome H. Powell, the Federal Reserve chairman, announced an increase in the benchmark interest rate and dismissed President Trump’s warnings to the Fed to stop raising rates.Published OnDec. 19, 2018CreditCreditSamuel Corum for The New York Times

https://www.nytimes.com/2018/12/19/business/fed-interest-rates.html

 


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