The Housing Chronicles Blog: Federal Reserve leaves interest rates unchanged for now, forecasts another raise this year

Wednesday, September 20, 2017

Federal Reserve leaves interest rates unchanged for now, forecasts another raise this year

The Fed will start cutting its $4.5 trillion balance sheet in October, initially by just $10bn per month. The FOMC also left US interest rates unchanged, at 1.25% to 1.5%, but expects to raise them one more time this year, followed by three raises in 2018.

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