NewsWatch: Fed holds interest rates steady and has no plans to cut them — but it leaves itself plenty of wiggle room


The Federal Reserve left a key interest rate unchanged and signaled it’s unlikely to cut borrowing costs in 2019, but the central bank also left itself wiggle room by saying it would “closely monitor” the economy in light of waning inflation and growing “uncertainties.” See full story.

U.S. consumer debt is now breaching levels last reached during the 2008 financial crisis

Consumer debt has hit $14 trillion, a level some might find worrisome. See full story.

Dividend stocks, hot this year, may get even hotter thanks to the Federal Reserve

Lower interest rates mean rising prices for higher-yielding stocks.

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