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Added on the 15/06/2016 22:19:08 - 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
Federal Reserve keeps US interest rates unchanged
Washington, Dec 11 (EFE).- The Federal Reserve decided on Wednesday to leave interest rates unchanged at between 1.5-1.75 percent after undertaking consecutive rate reductions at each of its three earlier meetings this year, emphasizing what it called the good health of the US economy.FOOTAGE COURTESY OF THE FEDERAL RESERVE. STATEMENTS FROM THE PRESIDENT OF THE EDF, JEROME POWELL
Federal Reserve Chair Janet Yellen says the Fed will keep the Federal Funds Rate at its current level, but says the case for an increase has strengthened. Rough Cut (no reporter narration).