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Added on the 06/05/2015 22:32:25 - Copyright : Reuters EN
Fed Chair Janet Yellen says high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check. Rough Cut (no reporter narration).
"My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power," US Federal Reserve Chair Jerome Powell says in Washington. SOUNDBITE
The US Federal Reserve has voted to hold interest rates at a 22-year high for a second straight meeting. "Today we decided to leave our policy interest rate unchanged," announces Fed chair Jerome Powell. SOUNDBITE
US Federal Reserve Chair Jerome Powell announces that the US Federal Reserve has voted to keep interest rates at a 22-year high, between 5.25 percent and 5.50 percent. SOUNDBITE
The Federal Reserve will need "substantially more evidence" to be confident that inflation is on a sustained downward path, says Federal Reserve Chair Jerome Powell. SOUNDBITE
Federal Reserve Chair Jerome Powell says US spending and production data "has softened" and consumer spending "slowed significantly", as the central bank decided to again raise the benchmark interest rate by 75 basis points to tame spiraling price pressures. SOUNDBITE