• Powell: Some Cross-Currents Have Emerged Since September Meeting

Market news

20 December 2018

Powell: Some Cross-Currents Have Emerged Since September Meeting

  • Inflation Ending The Year Bit More Subdued Than Expected

  • Strong Economy is Benefiting Many Americans

  • Global Growth Moderated Somewhat in 2018

  • Market Volatility Has Increased Recently, Financial Conditions Tightened

  • Projections Show Modestly Lower Path for Fed-Funds Rate

  • Most FOMC Participants Lowered Forecasts Slightly For 2018

  • Most Colleagues Expect Economy to Continue to Perform Well Over Next Year

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