Searcher

Published on Wednesday, December 11, 2019 | Updated on Friday, December 13, 2019

FOMC Meeting: December 10th-11th

As we expected, the Fed lefts its benchmark interest rate by unchanged at 1.5-1.75% and made only minor adjustments to the October statement.

Key points

  • Key points:
  • The change was the slight tweak in forward guidance to reflect previous communication that in order to alter the level of accommodation the committee would need to see a “material” changes in their outlook
  • The committee included “global developments and muted inflation pressures”, as areas where the committee would be closely monitoring as it contemplates further adjustments in the Fed Funds rate

Documents to download

Geographies

Topics

New comment

Be the first to add a comment.

Load more

You may also be interested in