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Fed leaves key rate unchanged but sees further hikes ahead

“To help control inflation, it has projected three rate increases in 2019 after an expected fourth hike of the year next month” reports thebusinessjournal.com. Since the stock market started tumbling last month, President Donald Trump has attacked the Fed’s rate hikes as well as Powell’s leadership.(AP) — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes.
 
Source: thebusinessjournal.com



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