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their interest rate policy, preferring to watch as the economy evolves.Powell has tried to caution investors not to read too deeply into the so-called dot plots, which includes forecasts of each member of the policy-setting committee on where they anticipate interest rates will go.At the March meeting, Fed officials downgraded their GDP growth forecast for 2019 to 2.1%, suggesting they may be more worried than previously about slowing domestic and global growth. The slowdown in China, driven in part by an ongoing trade war sparked by President Donald Trump, as well uncertainty surrounding Brexit, threaten the global economy.Central bankers previously estimated the US economy would grow 2.3% this year, significantly lower than the Trump administration's forecast.They also raised their estimates of the country's jobless rate to 3.7% up from 3.5%.The bank also officially laid out plans to end its trillion balance sheet normalization on a monthly basis.Starting in May, the Fed will begin to address its holding of Treasury securities by reducing the cap from the current level of billion to billion per month.Then, at the end of September, the Fed will effectively stop undoing the extraordinary steps it took to prop up the economy for almost a decade after the financial crisis. Fed officials, including Powell, had signaled the Fed would probably take such a step later this year, but no date had been previously set. 1442
Three sources with direct knowledge of the North Korean position on denuclearization said the letter stated that Kim's regime felt that the process couldn't move forward because "the U.S. is still not ready to meet (North Korean) expectations in terms of taking a step forward to sign a peace treaty."Read more 310

This was the first time an employee of UH has spoken to WEWS on camera since the malfunction. The interview was ended by a UH spokesperson when we asked who was to blame. 175
This is all about creating more opportunities for homeless individuals to lift themselves out of extreme poverty, Mayor Kevin Faulconer said. "'Wheels for Change' will help restore dignity by allowing people to earn a paycheck and begin to get back on their feet. For many this may be just the chance they need to begin turning their lives around." 348
Trump has not visited California since he was sworn into office. Since then, he has criticized the state's enforcement of federal immigration laws and "sanctuary state" policies. 178
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