Federal Reserve Projects No Further Rate Hikes in 2019
Thursday, March 21, 2019
This comes after a two-day meeting in Washington in which U.S. monetary policymakers voted unanimously to keep the range for the federal funds rate between 2.25 and 2.5 percent -- the same place that it has been since December.
On Tuesday, Jon Kuczmarski with Efficient Capital Strategies joined GoLocal LIVE in anticipation of the Fed meeting.
See Video Below
According to CNBC, the Federal Reserve’s program to reduce the bonds it holds on its balance sheet will end in six months, in a move being closely watched by financial markets.
The Fed's current program is allowing $30 billion in treasury proceeds and $20 billion from mortgage-backed securities to roll off.
In May, the amount for Treasurys will drop to $15 billion.
Related Articles
- UMASS’ Ongoing Federal Sexual Assault Investigations
- Sen. Warren & Others Urge U.S. Dept. of Education to Reform Federal Student Loan Servicing
- Cheat Sheet 52, FBI Files: Federal Courts Battle Over Indictments of Coia and Patriarca
- Smart Benefits: Federal Contractors, Subcontractors - 2016 VETS-4212 Reporting Deadline is Sept. 30
- Cheat Sheet 37 The Patriarca Papers – Stealing Typewriters, Flemmi, Barbosa, Italian Federal Judge
- Smart Benefits: Federal Appeals Court Upholds ACA Contraceptive Mandate
- Recreational Drone Registration Required by Federal Regulators
- Federal Court Rejects Tom Brady’s Deflategate Appeal
- Worcester Nurse Pleads Guilty to Federal Charges Stealing Pain Medication from Patients
- Federal Judge Strikes Down 2 Worcester Anti-Panhandling Ordinances
- Federal Reserve Expected to Raise Rates for 1st Time in 7 Years
- Worcester Man Sentenced for Federal Child Pornography Charges
- Becker College’s MassDiGI Program Awarded $583K in Federal Funding
- Fecteau: A Federal Failure in Puerto Rico
- Sen. Moore Releases Statement on Federal Rollback of Title IX
Follow us on Pinterest Google + Facebook Twitter See It Read It