1. Fed plans to keep investors guessing in 2019 with shift to more frequent rate-setting meetings - CNN

    Fed plans to keep investors guessing in 2019 with shift to more frequent rate-setting meetings - CNN

    Jerome Powell, chairman of the Federal Reserve, is switching up the central bank's playbook in 2019, trading a steady pattern of quarterly rate hikes for a more unpredictable approach.

    Starting in the new year, bankers will consider rate changes at each meeting, rather than just quarterly, doubling the number of potential changes from four to eight — though Powell told reporters on Wednesday that he anticipates only two rate hikes in the coming year.

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