Highlights of the Federal Reserve decision on December 19, 2018
- Rates hiked 25 basis points
- The market was pricing a 72% chance of a hike with most economists expecting the same
- Vote was unanimous
- Repeats that risks to the economy appear 'roughly balanced'
- Now says expects 'some' further gradual hikes
- Says will continue to monitor economic and financial conditions for their effects on the economic outlook
The overall changes in the statement are minimal with no changes at all in the economic assessment.
Here are the changes in guidance:
Here is the full redline.
