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Added on the 21/09/2016 21:06:38 - Copyright : Reuters EN
The Federal Reserve kept U.S. interest rates unchanged and signals lower rate path going forward. Bobbi Rebell reports.
The US Federal Reserve holds interest rates at a 23-year high. "Today, the FOMC (Federal Open Market Committee) decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings," announces US Fed Chair Jerome Powell. SOUNDBITE
The Federal Reserve will leave its key interest rate at zero "until we're confident that the economy has weathered recent events and is on track to achieve our maximum employment and price stability goals," says Fed Chair Jerome Powell during a press conference. SOUNDBITE
Federal Reserve Chair Janet Yellen announces that interest rates will be left unchanged but signals that the U.S. central bank still plans two hikes this year. Rough Cut (no reporter narration).
European Central Bank President Christine Lagarde announces that ECB European Central Bank left its key interest rates unchanged again. The third consecutive pause since October was widely expected, and leaves the benchmark deposit rate at a record high of four percent. SOUNDBITE