Finance Federal Reserve foresees no interest rate hikes in 2019 Updated : March 20, 2019 11:57 PM IST The Fed announced that it was keeping its benchmark rate — which can influence everything from mortgages to credit cards to home equity lines of credit — in a range of 2.25 percent to 2.5 percent. It also said it will stop shrinking its bond portfolio in September, a step that should help hold down long-term interest rates. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.