Signals a pause in rate cuts. 2 dissenters for no change.
- Federal Reserve: FED Fund rate 2,00 %
- EASING TO DATE SHOULD PROMOTE GROWTH
- ECONOMIC ACTIVITY REMAINS WEAK
- EXPECTATION FOR INFLATION TO MODERATE
- DROPS REFERENCE TO DOWNSIDE RISKS TO GROWTH
- UNCERTAINTY ABOUT INFLATION OUTLOOK REMAINS HIGH
- FINANCIAL MARKETS REMAIN UNDER CONSIDERABLE STRESS
- CREDIT, HOUSING TO WEIGH ON GROWTH FOR A FEW QUARTERS