Federal Reserve raises rates, over Trump protests, but signals it will slow rate hikes in 2019
(Worthy News) – Federal Reserve officials voted Wednesday to raise the central bank’s interest rate target, the fourth such rate increase of the year, but also signaled that they will slow the pace of rate hikes in 2019.
The central bank also lowered initial estimates for economic growth in 2018, and tempered its outlook for U.S. economic growth in 2019.
“Over the past year the economy has been growing at a strong pace, the unemployment rate has been near record lows, and inflation has been low and stable,” Federal Reserve chairman Jerome Powell said at a press conference. “All of those things remain true today.” [ Source: Washington Times (Read More…) ]
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Books by George Whitten
Identity in Messiah Revealed https://identityinmessiah.com
Identity in Messiah is a 60-day devotional journey designed to help you exchange the world’s labels for Heaven’s declaration. Each devotional combines rich Biblical teaching, Hebraic insights, practical application, and carefully selected Scripture passages to lead you into a deeper understanding of your position in Messiah.
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The Biblical Fall Feasts https://biblicalfallfeasts.com
In The Biblical Fall Feasts Revealed, George Whitten leads readers on a stirring devotional journey along the Hebrew month of Elul, the Feast of Trumpets (Yom Teruah), the Days of Awe (Yamim Nora'im), the Day of Atonement (Yom Kippur), the Feast of Tabernacles (Sukkot), and the Eighth Day (Shemini Atzeret). With Scripture as the foundation, each chapter uncovers the prophetic beauty threaded into God’s calendar and shows how these sacred seasons still speak with urgency and hope today.
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