1 In 42 Chance Of U.S. Recession Starting Before December 2019
December 20, 2018 at 04:16 AM EST
As long expected, the U.S. Federal Reserve hiked short-term interest rates in the U.S. at the conclusion of its 18-19 December 2018 meeting, increasing the target range for their Federal Funds Rate by a quarter point to 2.25%-2.50%.