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Fed downgrades economy, leaves interest rates unchanged, signals no increases this year – Source – CNBC (03/20/2019)

Official portrait of Governor Jerome H. Powell. Mr. Powell took office on May 25, 2012, to fill an unexpired term ending January 31, 2014. For more information, visit http://www.federalreserve.gov/aboutthefed/bios/board/powell.htm

CNBC’s Steve Liesman reports on the Federal Reserve’s decision to leave interest rates unchanged, and that the central banks signal no further rate increases this year.