미 연준, 기준금리 1.50~1.75% 유지…두번 연속 만장일치 동결 Continuing its wait-and-see approach, the U.S. central bank freezes interest rates during this year's first FED meeting.
Lee Seung-jae has the full story.
The Federal Reserve held its benchmark interest rate steady on Wednesday,... after all ten members of the Fed's rate-setting committee voted in favor of it.
The benchmark funds rate remains in a range between 1.5% to 1.75%, where it has been since the latter part of last year.
It marks the second straight meeting the Fed has stood pat on rates,... after three consecutive reductions in 2019.
The Fed's statement signaled a mixed assessment of the U.S. economic outlook.
It described consumer spending as moderate,... which is a downgrade from "strong" in December,... adding that business investment is still weak.
Fed officials say maintaining the interest rate would help to bring inflation closer to the Fed's two percent target,... after it fell short of that goal last year.
Fed Chairman Jerome Powell ((said during his post-meeting news conference on Wednesday that he's not satisfied with inflation running below two percent.
Powell )) also said that the Fed is monitoring a number of potential risks, including the coronavirus outbreak in China.
"It's very uncertain about how far it will spread and what the macroeconomic effects will be in China and its immediate trading partners and neighbors and around the world. So, in light of that uncertainty we are very carefully monitoring the situation."
Lee Seung-jae, Arirang News.
#Federal #U.S. #interest
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