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Jared Sugerman
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Naples Gulf Access News: Fed Declares No Changes in Benchmark Interest Rates in December, 2019

In some Naples Gulf Access news that comes as no surprise, the FED kept benchmark interest rates steady.  Further, the FED did not indicate any immediate changes in early 2020.  The latest news does not reveal much to economists who are usually looking to make predictions from the FED’s comments.  Additionally, there is nothing in the Fed’s accompanying statement suggests that further interest rate cuts will take place, assuming nothing serious in the economy occurs. That likely means little change early next year, though Naples Gulf Access experts are undecided about whether another interest rate cut may take place later in 2020.

 

Posted on December 17, 2019 at 2:28 pm by Jared Sugerman

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