Federal Reserve Keeps Fed Funds Range Unchanged at 2.00% to 2.25%, Signals Further 'Gradual' Increases

Market news

9 November 2018

Federal Reserve Keeps Fed Funds Range Unchanged at 2.00% to 2.25%, Signals Further 'Gradual' Increases

Says Business Investment Has Moderated From Rapid Pace Earlier This Year
Unemployment Rate Has Declined, Job Gains Have Been Strong on Average
Voted 9-0 For Fed Funds Rate Action
Fed Discount Rate 0.00-Pt to 2.75%

FOMC: Household Spending Has Grown Strongly

In September 2018, output decreased sharply in the French manufacturing industry (−2.1% after +0.4% in August)

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