Fed Holds Rate Steady and Inches Closer to Cutting in Future bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The Federal Reserve held interest rates steady for a fourth straight meeting and signaled an openness to cutting them, though Fed Chair Jerome Powell threw cold water on investors’ hopes that reductions would begin in March. Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierDeutsche Bank Plans To Cut 3,500 Jobs And Lift PayoutsTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyHouse Passes $78 Billion Business, Child