The US Federal budget has left interest rates unchanged , citing a healthy economy with strong employment growth , strong household spending and inflation near its 2 % target , however , policymakers made note of the decline in growth of business investment . recognizing that a decline in investment growth will hurt GDP , since investment helps create jobs , builds new factories , and raises productivity with upgraded equipment , policymakers are unsure if the economy has reached a plateau following the $ 1.5tn tax cut package . Nevertheless , the Fed is expected to raise interest rates in December , having increased rates three times so far this year .
The US Federal Reserve has left interest rates unchanged, citing a healthy economy with strong employment gains, strong household spending and inflation near its 2% target, however, policymakers made note of the dip in growth of business investment. Given that a decline in investment growth can hurt GDP, since investment helps create jobs, builds new factories, and raises productivity with upgraded equipment, policymakers are debating if the economy has reached a plateau following the $1.5tn tax cut package. Nevertheless, the Fed is expected to raise interest rates in December, having increased rates three times so far this year.