federal reserve holds key rate unchanged
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Federal Reserve holds key rate unchanged

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Arab Today, arab today Federal Reserve holds key rate unchanged

Federal Open Market Committee
Washington - Arab Today

The Federal Reserve kept its benchmark federal funds interest rate unchanged at near zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come.

The Federal Open Market Committee said the economy has expanded "moderately" in recent months and the jobs market has strengthened, but noted continued "soft" business investment and exports.

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