Fed Signals End of Interest Rate Increases

KASA Real Estate Team Interest rate Leave a Comment

In a statement following a two-day meeting of its policy making committee, the Fed said that economic growth remained “solid,” and that it expected growth to continue.

But in a sharp reversal of its stance just one month ago, the Fed did not say it expected to keep raising interest rates. Instead, the statement said the Fed would be “patient” in evaluating the health of the economy. And it indicated that the Fed stood ready either to increase or to reduce rates, depending on economic conditions.

Read the full article here: Fed Signals End of Interest Rate Increases…

About the Author
author photo

KASA Real Estate Team