The Federal Reserve met yesterday for the first time in 2019 and did not raise rates. This may allow consumers to possibly borrow at a lower rate for purchases such as housing and autos. It also means, bond or CD holders could potentially receive less interest. “The case for raising rates has weakened somewhat,” said Fed Chairman Jerome Powell. The FOMC will be “patient” regarding rate hikes in 2019 with the economy. The Fed meets 8 times a year. Last year (2018), rates were increased at 4 of the 8 meetings. The 10-year treasury bond was as high as 3.24% in early November of last year and has now fallen to 2.72% as of late January.