Fed Signals Further Rate Increases Amid Strong Economy

Fed Signals Further Rate Increases Amid Strong Economy
Federal Reserve Board Chairman Jerome Powell speaks during a press conference in Washington, DC, Sept. 26, 2018. SAUL LOEB/AFP/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

WASHINGTON—The Federal Reserve said it would leave key policy rates unchanged, but signaled further gradual rate increases ahead, in response to robust economic growth.

“Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate,” the Fed’s policy statement said.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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