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US Federal Reserve keeps key interest rate unchanged

Wednesday, September 21, 2016 12:10
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(Before It's News)

The Federal Reserve kept its benchmark interest rate unchanged for the sixth straight meeting Wednesday, saying it needs to see more signs of strength in the US economy.

Although it hailed a pickup in economic activity since the sluggish first half of the year, the policy-making Federal Open Market Committee showed uncertainty about some persistent weak signs in the economy, and cut their 2016 growth forecast to 1.8 percent, down from 2.0 percent in June …. https://www.yahoo.com



Source: http://luismmx.blogspot.com/2016/09/us-federal-reserve-keeps-key-interest.html

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