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Fed Keeps Rates Steady, Only 4 of 17 See Hike..>

FOMC
FOMC: Fed Keeps Rates Steady, Only 4 of 17 See Hike in 2020
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- Fed says current stance of monetary policy is 'appropriate' to support 
sustained expansion of economic activity
- Removes language about "uncertainties" but again notes global 
developments and muted inflation pressures. 
- No changes to IOER rate and no announcement about a standing repo 
facility. 
- Unemployment SEP lowered for 2020 to 3.5% from 3.7%. The longer run is 
lowered to 4.1% from 4.2%. 
- GDP, PCE inflation, and Core PCE inflation unchaged in SPE median.  

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