Federal Reserve holds interest rates while signalling hike in March

Confirms QE will end in March

Elliot Gulliver-Needham
clock • 3 min read
The Federal Reserve
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The Federal Reserve

The Federal Reserve signalled a rate hike will “soon be appropriate” last night while holding rates and confirmed its quantitative easing programme will end in March.

"I would say the committee is of a mind to raise the federal funds rate at the March meeting, assuming that conditions are appropriate for doing so," said Fed chair Jay Powell at a press conference after...

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