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Added on the 02/11/2016 22:15:35 - Copyright : Reuters EN
The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up.
The U.S. central bank made no changes to interest rates, and signaled there would be fewer increases this year than had previously been expected. Bobbi Rebell reports.
The U.S. central bank said it was "closely monitoring" global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. Bobbi Rebell reports.
The U.S. central bank said it was "closely monitoring" global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. Bobbi Rebell reports.
Federal Reserve policy makers did not raise rates as some had expected, in a nod to concerns about a weak global economy. Bobbi Rebell reports.