Newspaper article The Canadian Press

National Audio 6:05 PM ET

Newspaper article The Canadian Press

National Audio 6:05 PM ET

Article excerpt

National Audio 6:05 PM ET

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NAT117 - (US-Federal-Reserve) WASHINGTON. x-09s. Federal Reserve policymakers expect to hike interest rates just two times next year, down from a previous expectation of three. It's a sign the U-S central bank foresees a more cautious approach in 2019. Fed policymakers also took a slightly less bullish view of the U-S economy. Fed Chairman Jerome Powell says they now project growth will slip to 2.3 per cent next year, down from an earlier estimate of 2.5 per cent. ("..healthy economy.") (SOURCE:The Associated Press)

TAG: Earlier, Fed officials voted to increase the interest rate that banks charge each other to a range of 2.25 per cent to 2.5 per cent.

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NAT118 - (EU-Brexit) (NOT FOR ONLINE USE) LONDON. …

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