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16 Dec 2020

United States Fed Interest Rate Decision in line with expectations (0.25%)

Dec 16, 2020

Breaking: Fed leaves policy rate unchanged, reiterates commitment to use full range of tools

The Federal Open Market Committee (FOMC) on Wednesday announced that it left the benchmark interest rate, the target range for federal funds, unchange
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Dec 16, 2020

Fed Economic Projections: GDP to contract by 2.4% in 2020 vs. 3.7% in September's forecast

In its Summary of Projections, the US Federal Reserve noted that it expects the Gross Domestic Product (GDP) to contract by 2.4% (median) in 2020, com
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