Fed leaves US rates unchanged and wants to be patient



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The US Federal Reserve has announced the outcome of its most recent monetary policy meeting on Wednesday. We expect the US rate to remain in the range of 2.25 to 2.50%.

The Fed statement states: "Against the backdrop of global economic and financial developments and moderate inflationary pressure, the Committee will be patient with regard to future interest rate adjustments." The Fed also announced its intention to slow its downsizing in May and end-September. to complete completely.

The subsequent press conference with Fed Chairman Jerome Powell will be broadcast live over the Internet (see the video window below).

The price of gold rose after publication. The gold ounce was traded at $ 19,115, at $ 1,115 ($ 1,151). The euro rose 0.5 percent against the US dollar to $ 1.1412. The development meets our expectations expressed in the morning. more

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on March 20, 2019. Saved on Fed, Gold, Hot Links.
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