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The US Federal Reserve keeps interest rates unchanged within the range of 1.5 - 1.75% in line with expectations

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Wednesday, December 11, 2019 - 19:06
Point Trader Group
The US Federal Reserve keeps interest rates unchanged within the range of 1.5 - 1.75% in line with expectations

The Fed kept interest rates unchanged within the range of 1.5 - 1.75% in line with expectations.

It is noteworthy that the US Federal Reserve had cut interest rates 3 times this year in a move aimed at protecting the American economy from the repercussions of the global trade war and avoiding recession, but pointed to a possible interruption in the monetary easing cycle.

 

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