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US. Fed Sees No Strong Case for Hiking or Cutting Rates

johnNjohnN
in Off-Topic
https://money.usnews.com/investing/news/articles/2019-05-01/fed-likely-to-ignore-trumps-call-to-cut-interest-rates

US. Fed Sees No Strong Case for Hiking or Cutting Rates
May 1, 2019
U.S. News & World Report
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Reuters

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File PhotoReuters

By Howard Schneider and Jason Lange

WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains and economic growth and the likelihood that weak inflation will edge higher.

Comments

  • Derf
    Would this be related to question I asked below about fiscal stimulus ?

    "Despite a return to fiscal stimulus and a dramatic rise in the budget deficit, the data suggests the United States economy has slowed considerably in recent months, and many economies around the globe are experiencing the same thing."
    The above statement taken from FMIHX semi report.
    Not enough coffee yet. What < return to fiscal stimulus> are they talking about ?

    Thanks for replies, Derf
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