Fed Stands Pat In First Unanimous Decision Since May; Dots Show Policy On Hold Through 2020

Fed Stands Pat In First Unanimous Decision Since May; Dots Show Policy On Hold Through 2020

The Fed kept rates on hold at their final meeting of the year, as expected. There were no dissents. It was the first unanimous decision since May. The dot plot shows no hikes in 2020, consistent with the "good place" characterization of policy (more on that below). Policy is "appropriate to support sustained expansion of economic activity", the Fed says. In the statement, the labor market is described as "remaining strong" and economic activity as expanding at a "moderate rate". Household spen
Subscribe or log in to read the rest of this content.

One thought on “Fed Stands Pat In First Unanimous Decision Since May; Dots Show Policy On Hold Through 2020

  1. Like the rest of us, they’re all just sitting around, waiting to see what kind of stunt our Fearless Leader will try to pull off next.

    Of course, said Fearless Leader gets off on all the attention. So, yeah … back to waiting… Good luck everyone!

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints