• Federal Reserve Keeps Fed Funds Range Unchanged at 2.25% to 2.50%, Removes Outlook for 'Further Gradual Increases' in Rates

Market news

31 January 2019

Federal Reserve Keeps Fed Funds Range Unchanged at 2.25% to 2.50%, Removes Outlook for 'Further Gradual Increases' in Rates

  • Voted 10-0 For Fed Funds Rate Action

  • 'Will Be Patient' In Deciding on Future Interest-Rate Changes

  • Attributes Patience to Global Economic and Financial Developments, Muted Inflation Pressures

  • Downgrades Assesment of Economic Growth to 'Solid' From 'Strong'

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