Fed downgrades US growth forecast and signals no more rate hikes in 2019
by Jim Puzzanghera, Los Angeles Times
Mar 20, 2019
2 minutes
WASHINGTON - Federal Reserve officials on Wednesday downgraded their estimate for U.S. economic growth this year to just 2.1 percent amid a slowdown here and abroad - while signaling there will be no more interest rate hikes until 2020.
Central bank officials also announced that they would temporarily slow the unwinding of a
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