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Fed signals steady rates with cautious 2019 outlook
The Federal Reserve is likely to keep rates on hold this week while signaling a bright economy and continuing gradual tightening. A December hike remains probable, with economists divided on whether 3 or 4 increases occur in 2019 as unemployment sits near a record low and wage growth accelerates. Strong jobs data and inflation gauges shape the central bank’s cautious path ahead of midterm elections.
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Washington
Federal Reserve
Fed
U.S
Donald Trump
Powell
Trump
Swank
Zandi
Sung Won Sohn
Jones
Jerome Powell
Federal Reserve Board
Marriner S. Eccles