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Main » 2019 » April » 17 » All the Fed members favored the continuation bet
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All the Fed members favored the continuation bet

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All 12 regional banks of the US Federal Reserve supported the idea of maintaining a stable interest rate that commercial banks charge for emergency loans, showed minutes of the last Fed meeting. 

The unanimous decision to keep the Fed discount of 3% on the eve of the March policy meeting showed a cautious policy in the light of the fact that the Protocol is listed in the "mixed" reports on economic activity in the United States. "

 

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Politicians want to see whether these data "outlook remains stable economic growth, strong labor markets and inflation close to the Fed's goal of 2%," the report said. 

"Some banks have reported a slowdown in consumer spending, while others reported that retail sales in their districts remained strong. Although concerns about trade policy somewhat diminished, many banks noted the continuing uncertainty about the global economy as a factor that poses a risk to the US economy and its prospects. "

At a meeting of the US Federal Reserve on March 19-20 policy-makers refused to forecasts in respect of any increase in interest rates this year amid signs of slowing economic growth and said that stopped a steady decline in the balance of the central bank in September. 

 

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