Wednesday, June 15, 2016

Fed Leaves Policy Rate Unchanged, Lowers Outlook for Increases

The Federal Reserve held its benchmark lending rate steady, and officials lowered projections of how much they expect to raise short-term interest rates in the coming years, signs that persistently slow economic growth and low inflation are forcing the central bank to rethink how fast it can move rates higher.

from WSJ.com: US Business http://ift.tt/1Q5gZ17
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